Are My Accounts Insured?
When you choose to bank with CorePlus, your deposits are safe. The National Credit Union Share Insurance Fund insures member funds up to $250,000 per individual depositor in federally insured credit unions, like CorePlus Credit Union.
To learn more about how your funds are protected, view the video below:
“Federally insured credit unions offer a safe place for you to save your money, with deposits insured up to $250,000 per individual depositor. The National Credit Union Share Insurance Fund Insures member savings in federally insured credit unions, which account for about 98 percent of all credit unions in the United States. Deposits at all federal credit unions and the vast majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund protection, and not one penny of insured savings has ever been lost by a member of a federally insured credit union.”
[NCUAchannel]. (2015, November 30). NCUA Consumer Report: Share Insurance Account Ownership Types [Video]. Https://www.Youtube.com/@NCUAchannel. https://youtu.be/rfu5_xIVOlY