Your Deposits Are Federally Insured

f recent economic news has you concerned about the safety of your funds, rest assured that Redwood Credit Union (RCU) is safe and sound, and your RCU funds are protected.

FEDERALLY INSURED DEPOSITS
The safety of our Members’ accounts and the financial strength of your credit union are a top priority for RCU. All RCU Members’ deposits are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), a division of the National Credit Union Administration (NCUA), which is the federal regulator for credit unions.

Established by Congress in 1970 to insure Member share accounts at federally insured credit unions, the NCUSIF is managed by the NCUA and is similar to the deposit insurance protection offered for federally insured banks by the Federal Deposit Insurance Corporation (FDIC).

HOW SAFE ARE MY FUNDS?
The NCUSIF is the strongest deposit insurance available, backed by the full faith and credit of the United States Government. Not a single penny of insured savings has ever been lost by a Member of a federally insured credit union.

HOW MUCH INSURANCE DO I HAVE?
Properly established share accounts in federally insured credit unions are insured to at least $100,000 as of April 2006. Recent legislation has increased the insurance coverage on certain retirement accounts, such as IRAs and Keoghs, to at least $250,000. Generally, if a credit union Member has more than one account with the same credit union, those accounts are added together and insured in the aggregate.

SHARE INSURANCE ESTIMATOR
You can learn more about NCUA/NCUSIF insurance, including a useful Share Insurance Estimator, by visiting www.ncua.gov, or calling our Member Service Center at
1 (800) 479-7928 for additional information.

Should you ever wish to contact the NCUA directly, you can reach them at
1 (800) 755-1030 or write them at:

National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314