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About the NCUA
The National Credit Union Administration (NCUA) is the independent federal agency that charters and supervises federal credit unions. NCUA, backed of the full faith and credit of the U.S. government, operates the National Credit Union Share Insurance Fund (NCUSIF) insuring the savings of 80 million account holders in all federal credit unions and many state-chartered credit unions.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United Sates Government.

The Helping Families Save Their Homes Act on May 20, 2009, continued an increased level of insurance coverage on all accounts of up to $250,000.

NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules.

The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal ("NOW") account, money-market deposit account, and Interest on Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov.

Click here to review the brochure from the NCUA which explains briefly about the coverage.

NCUA Share Insurance Call Center, Tool Kit - Click here

 

 

 

   

| Home | About Us | Membership | Services | Rates | News | Contact Us | Online Banking |
Hours of Operation | Privacy Notice | Verified by VISA Terms of Service | Bylaws |
Discretionary Overdraft Privilege | Online VISA Application | Home Equity Application | Info on Reg D | ATM Locations |
Protect Yourself | Fraud Alerts | Deposit Insuance Info |
Sprint Nextel | Dealer Forms |

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government - NCUA National Credit Union Administration, a U.S. Government Agency

legal disclaimer
Copyright © 2010, Greenwood Credit Union. ALL RIGHTS RESERVED.

EQUAL HOUSING LENDER - We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act