NOTICE OF EXPIRATION OF THE TEMPORARY FULL NCUSIF INSURANCE COVERAGE
FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in
noninterest-bearing transaction accounts no longer receive unlimited share
insurance coverage by the National Credit Union Share Insurance Fund (NCUSIF).
Beginning January 1, 2013, all of a member’s accounts at an insured depository
institution, including all noninterest-bearing transaction accounts, will be
insured by the NCUSIF up to the standard maximum share insurance amount of
$250,000 for each share insurance ownership category.