Learn more about how NMTW helps protect you from becoming a victim of Identity Theft.
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Your Deposits are SAFE at NMTW Click here to view an Informational video about NCUA Insurance
Deposits at NMTW are fully insured up to the legal limitations.
The first $250,000 on deposit is insured by the National Credit Union Share Insurance Fund (NCUSIF). The basic insured amount for each member is $250,000. In addition to being federally insured, any amount on deposit exceeding $250,000 is insured in full up to the legal limitations (single accounts to $600,000 plus interest and joint accounts to $1,200,000 plus interest) by the Massachusetts Share Insurance Corporation (MSIC).
IRA deposits are insured separately under NCUSIF up to $250,000. Any IRA exceeding $250,000 is insured for an unlimited amount by the MSIC.
NCUSIF is administered by the National Credit Union Administration (NCUA), an agency of the federal government.
Visit NCUA or MSIC for more information. |
