Federal Insurance: Your Funds Are Protected

If recent economic news has you concerned about the safety of your funds, rest assured that CINCO Credit Union is safe and sound, and your CINCO funds are protected.

NCUA Share Insurance Logo and NoticeYour savings at CINCO Credit Union are federally insured up to $250,000 by the U.S. Government through the National Credit Union Share Insurance Fund (NCUSIF), a subsidiary of the National Credit Union Administration (NCUA), and backed by the full faith and credit of the United States Government.

The safety of our Members' accounts and the financial strength of your credit union are a top priority for CINCO. All CINCO 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). 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.

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

You can learn more about NCUA/NCUSIF insurance by:

You are about to leave CINCO's site