| Other Credit Union Benefits Loan Protection Insurance (Up to $30,000) and Life Savings Insurance (Up to $3,000) at NO COST to Members! All amounts deposited before age 55 are covered dollar for dollar. Any amount placed for deposit after age 55 have a decreasing benefit. Brochures are available at your credit union that detail the full coverage. Insured Savings - Your savings are insured up to $100,000 per account, through the National Credit Union Administration (NCUA), National Share Insurance Fund. A U.S. Government Agency
Credit Disability Insurance on Loans - Offered on a member pay basis. The premium is added to monthly loan balances. If the member becomes sick or injured, the insurance starts paying after the 14th day (Not retroactive for the first 14 days), until the member returns to work.
|