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SHARE DRAFT
CHECKING ACCOUNT
Banking the credit union way is a checking account with now monthly service charge, no per check charge, and no minimum balance requirement. All you do is pay for the checks of your choice.
Additional services available with a checking account are:
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NCUA Maximum Share Insurance
NOTICE OF CHAGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTIONS ACCOUNTS
On December 31, 2012 the unlimited insurance on "non-interest-bearing transaction accounts" will end. Insurance coverage on "non-interest-bearing transaction accounts" will return to the permanent level of up to $250,000 beginning January 1, 2013. In other words, non-interest bearing transaction accounts will be subject to the same insurance coverage levels as all other share accounts in a credit union.
NCUA has a Share Insurance Tool Kit available which may be used for estimating the insurance coverage on your account at http://www.ncua.gov/DataApps/Pages/SI-Tools.aspx .
On December 31, 2012 the unlimited insurance on "non-interest-bearing transaction accounts" will end. Insurance coverage on "non-interest-bearing transaction accounts" will return to the permanent level of up to $250,000 beginning January 1, 2013. In other words, non-interest bearing transaction accounts will be subject to the same insurance coverage levels as all other share accounts in a credit union.
NCUA has a Share Insurance Tool Kit available which may be used for estimating the insurance coverage on your account at http://www.ncua.gov/DataApps/Pages/SI-Tools.aspx .
