NCUA Share Insurance
NCUA Call Center
800-755-1030 ext 1
No Gimmicks. Just a fixed, low rate.
Frustrated with the never-ending gimmicks and fine print to get a fixed, low rate auto loan? End your frustration. reLAX with a fixed, low rate auto loan at DHCU Community Credit Union.
*APR = Annual Percentage Rate. Interest rate determined by individual credit history. As low as rate of 1.90% APR based on A credit, up to 100% financing for 60 months on vehicle model years 2010 or newer.
NCUA coverage is to credit unions as FDIC coverage is to banks. Both funds are backed by the full faith and credit of the U.S. government.
The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000. The NCUA coverage limit applies per depositor, per insured depository institution, for each account ownership category.
Funds may be insured for even more than $250,000, depending on how you establish your accounts. The following illustrations show how typical families may use multiple ownership of accounts to increase the insurance coverage for their family funds. In all cases, the accounts illustrated must meet the share insurance coverage requirements as published in the code of Federal Regulations.
A qualifying beneficiary can be any natural person as well as charitable and non profit organizations.
*The Husband is insured to $250,000 on his two accounts with Wife and Child. The Wife is insured to $250,000 on her two accounts with Husband and Child. The Child is insured to $250,000 on his/her accounts with father and mother.
**As in the previous illustration, none of the co-owners has an interest of more than $250,000 in all of the joint accounts, so the total amount held by the each of the co-owners in all of the joint accounts is insured.
NCUA Insurance Call Center
Call 800-755-1030 ext 1 from 7:00 am - 5:30 pm CST to speak with an insurance expert.
Click here to estimate your insurance. Then click the share insurance estimator.