Your Member Shares are Protected with Strong Federal Share Insurance.
In light of recent banking industry news, we want to remind you that your deposits are fully insured.
Deposits at Achieve Financial Credit Union are covered by National Credit Union Share Insurance Fund (NCUSIF) protection. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.
Achieve Financial Credit Union offers a safe place for you to save your money, with deposits insured up to at least $250,000 per individual depositor. The National Credit Union Administration (NCUA) is the independent agency that administers the NCUSIF. Like the FDIC's Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the full faith and credit of the United States government.
The amount of coverage is determined by the account type and ownership type:
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Individual member accounts are insured up to $250,000 per member-owner
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Joint member accounts are insured up to $250,000 per member-owner
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Individual Retirement Accounts (IRAs) are insured up to $250,000 per member-owner
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Trust accounts are insured up to $250,000 per member-owner for each eligible beneficiary named or identified in the revocable trust, subject to limitations and requirements
Visit www.mycreditunion.gov to learn more about share insurance, view more in-depth examples, and calculate your coverage with the Share Insurance Estimator. You can also download a copy of the brochure “Your Insured Funds.”