Your Money is Safe and Secure with Federal NCUA Insurance
Media reports regarding the recent IndyMac Bank failure in California have triggered concerns among consumers about the security of their deposits. Therefore, we want to assure our members that your funds are safe at TFCU.
TFCU is as strong and sound as it has ever been in its history. And, your funds here are federally insured up to at least $250,000 per account by the National Credit Union Administration (NCUA), through the National Credit Union Share Insurance Fund (NCUSIF), with additional coverage of up to $250,000 for certain retirement accounts. The NCUSIF is backed by the full faith and credit of the United States Government.
For more information on federal share insurance, see the NCUA brochure Your Insured Funds, available at any TFCU branch, or online.