CBCCU Is Safe And Secure!
As a member of CBCCU, you can rest assured that your money is safe and secure. We do not invest in risky ventures or investments, and we do not participate in sub-prime lending. So when you hear these types of stories, these types of situations are not happening at your Credit Union.
The Board of Directors and Management constantly review and develop policies to protect your investments and the financial security of your Credit Union.
During these uncertain times, it is important to know that accounts at CBCCU are now insured up to $250,000 through the National Credit Union Administration, a federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). Your IRAs are insured separately up to $250,000. The NCUA insurance is backed by the full faith and credit of the United States Government. There are ways you can structure your accounts to obtain more than the maximum insurance protection. Contact your CBCCU office for details.
Additional information about NCUA insurance can be found by clicking this link – www.ncua.gov/Shareinsurance/index.htm. You can also contact the NCUA Call Center from 8 a.m. to 6:30 p.m. (EDT) Monday through Friday. Insurance experts are available to answer questions about the coverage provided by NCUA share insurance. The toll-free Insurance Call Center number is 1-800-755-1030, extension 1. Or, stop by the Credit Union office and ask for an informational brochure.

