NCUA Insurance
Secure Growth
At DHCU Community Credit Union, rest assured your money is safe and secure. Each
members share accounts are insured to $100,000. Members Individual Retirement
account are insured to $250,000 by the National Credit Union Share Administration, an
independent agency of the U.S. Government that regulates, charters and insures the
nation's credit unions.
NCUA insurance applies to your credit union accounts, not investments. The NCUA protects
share savings accounts, share draft (checking) accounts, share certificates and other types
of share accounts. NCUA does NOT insure the money you invest in mutual funds, stocks,
bonds, life insurance policies and annuities.
| Individual Coverage |
| $100,000 Individual |
| $250,000 IRA |
| $350,000 |
| |
| Family of Two |
| $100,000 Husband Individual |
| $100,000 Wife Individual |
| $200,000 Husband & Wife ( Joint Account ) |
| Revocable Trusts |
$100,000 Wife as Trustee for Husband |
| $100,000 Husband as Trustee for Wife |
| $500,000 IRA - Husband & Wife |
| $1,100,000 |
| |
| Family of Three |
| Individual Accounts: |
| $100,000 Husband |
| $100,000 Wife |
| $100,000 Child |
| Joint Accounts: |
| $100,000 Husband & Wife (Joint) |
| $100,000 Husband & Child (Joint) |
| $100,000 Wife & Child (Joint) |
| $250,000 IRA - Husband |
| The Husband is insured to $100,000 on his two accounts with Wife and Child. The Wife is insured to $100,000 on her two accounts with Husband and Child. The Child is insured to $100,000 on his/her accounts with father and mother. |
| Revocable Trust Accounts |
| $100,000 Husband as Trustee for Wife |
| $100,000 Husband as Trustee for Child |
| $100,000 Wife as Trustee for Husband |
| $100,000 Wife as Trustee for Child |
| $1,250,000 |
| Family of Four |
| Individual Accounts: |
| $100,000 Husband |
| $100,000 Wife |
| $100,000 Child #1 |
| $100,000 Child #2 |
| Joint Accounts: |
| $100,000 Husband & Wife |
| $100,000 Husband & Child #1 |
| $100,000 Wife & Child #2 |
| $100,000 Child #1 & Child #2 |
| As in the previous illustration, none of the co-owners have an interest of more than $100,000 in all the joint accounts, so the total amount held by each of the co-owners in all joint accounts is insured. |
| Revocable Trusts |
| $100,000 Husband as Trustee for Wife |
| $100,000 Wife as Trustee for Husband |
| $100,000 Husband as Trustee for Child #1 |
| $100,000Wife as Trustee for Child #1 |
| $100,000 Husband as Trustee for Child #2 |
| $100,000 Wife as Trustee for Child #2 |
| $250,000 IRA - Wife |
| $250,000 IRA - Husband |
| $1,900,000 |
In addition to the coverage shown in the charts above , any funds in IRA accounts are eligible for separate insurance protection up to $100,000. They are not included in these charts because they are subject to special rules for deposit and withdrawal. |
|
|
