"Your Insured Funds" NCUA brochure - North Island Credit Union

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OFFICIAL NCUA SHARE INSURANCE SIGN All federally insured credit unions must prominently display the official NCUA insurance sign at each teller staon and where insured account deposits are normally received in their principal place of business and in all branches. Federally insured credit unions are also required to display the official sign on their web page, if any, where they accept deposits or opens accounts. No credit union may end its federal insurance without first nofying members. NCUA SHARE INSURANCE ESTIMATOR The NCUA Electronic Share Insurance Esmator is available to help members beer understand the protecon offered by the NCUSIF. This interacve site allows users to input data to compute the amount of NCUSIF coverage available under different account scenarios. This resource is available at the link MyCreditUnion.gov/esmator. 59
Financial Notes 60
Page 1 and 2:
WHERE CAN I FIND MORE INFORMATION C
Page 4 and 5:
FORWARD The purpose of this booklet
Page 6:
TABLE OF CONTENTS Share Insurance C
Page 9 and 10: A co-owner’s interest in all join
Page 11 and 12: is provided when the NCUA Board, th
Page 13 and 14: y opening a different type of accou
Page 15 and 16: up to $250,000. As co-owners, the i
Page 17 and 18: especve interest in the revocable t
Page 19 and 20: OTHER FREQUENTLY ASKED QUESTIONS 25
Page 21 and 22: insurance coverage will be provided
Page 23 and 24: A. SINGLE OWNERSHIP ACCOUNTS All fu
Page 25 and 26: Example 4 Queson: Member A holds a
Page 27 and 28: community property) is insured up t
Page 29 and 30: of survivorship. How much insurance
Page 31 and 32: the right to withdraw funds on the
Page 33 and 34: Family of Three The husband is insu
Page 35 and 36: • Informal revocable trusts - oen
Page 37 and 38: REVOCABLE TRUST INSURANCE COMPUTATI
Page 39 and 40: the dollar amount or percentage all
Page 41 and 42: Example 3 - Maximum insurance cover
Page 43 and 44: long as the primary or inial benefi
Page 45 and 46: Some living trusts give a beneficia
Page 47 and 48: uninsured. A’s individual account
Page 49 and 50: containing funds belonging to the p
Page 51 and 52: Example 3 Queson: A is Treasurer of
Page 53 and 54: separate insurance for each tribe.
Page 55 and 56: Tax Regulaons (26 C.F.R. 20-2031-10
Page 57 and 58: Example 1 Queson: Member S invests
Page 59: Answer: Each of A’s accounts woul
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"Your Insured Funds" NCUA brochure - North Island Credit Union

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