Safeguarding your hard-earned money is vitally important. That’s why Mid Oregon Credit Union has federal share insurance, administered by an independent government agency, the National Credit Union Administration (NCUA). The National Credit Union Share Insurance Fund (NCUSIF) protects aggregate savings up to at least $250,000 in your checking accounts, high yield accounts, certificates, regular share savings accounts, and Save to Win accounts. We want you to know that your share insurance protects your money
Coverage For Retirement Accounts
The coverage for individual retirement accounts (IRAs) and Keoghs is also $250,000. Funds in traditional IRAs and Roth IRAs are added together and insured in the aggregate to $250,000. A Keogh account is insured separately up to $250,000 as well. It’s important to note that share insurance doesn’t cover investment products such as mutual funds and annuities.
More Than $250,000 In Coverage?
Ways To Increase Covered Something else about share insurance: It separately insures individual and joint accounts. For example, say you have an individual account containing $250,000, and a joint account with your spouse containing $250,000. Each account is insured separately for a total coverage of $500,000.
Insurance Administered Through NCUA
So how do you know we’re federally insured? All federally insured 
credit unions–like Mid Oregon-must post the official NCUA insurance sign in their offices. As do other NCUSIF-insured credit unions, we abide by high standards of safety and soundness. Because of that, NCUSIF is a strong, well-capitalized fund.
So, rest assured, your money is safe. You can count on Mid Oregon Credit Union to take good care of it.
