NCUA Deposit Insurance
Deposits in the credit union are insured to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF) an arm of the National Credit Union Administration. This is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).
Deposits may be insured for more than $250,000 based on account ownership. IRA accounts are insured separately to $250,000. Brochures explaining the benefits of NCUSIF insurance are available at the credit union.
NOTICE OF CHANGE
TEMPORARY NCUA INSURANCE COVERAGE
FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules. The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest.
Insured credit unions such as Sterling Federal Credit Union deposit and maintain one percent of their insured shares and deposits in the NCUSIF. No tax dollars support this fund.
This fund is currently at the strongest and best reserved level in its history. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.
AD&D - Accidental Death & Dismemberment Insurance
Our partnership with CUNA Mutual Group allows us to provide this benefit with no direct cost to you.
Complimentary Accidental Death & Dismemberment coverage in the amount of $1000 is extended to members between 18 and 69. Coverage is reduced by 50% at age 70.
Brochures explaining the benefits and exclusions of Accidental Death & Dismemberment coverage are available at the credit union.
- To purchase additional coverage simply call an experienced professional at CUNA Mutual 1-877-636-2377.
- You can also visit them on line.
The insurance offered is not a deposit and is not Federally Insured or guaranteed or sold by Sterling Federal Credit Union. Product may not be available in all states.
You trust Sterling Federal Credit Union to provide you and your family with quality products and services to meet your financial needs. We've joined with a dedicated team of insurance professionals to bring you the MEMBERS Auto & Homeowners Insurance Program.
The MEMBERS Auto & Homeowners Insurance Program is the property and casualty coverage solution preferred by credit unions and their members.
Access convenient e-services, pay your bill or make changes to your policy, even report a claim.
Receive fast, easy access to claims service 24 hours a day.
Obtain a free, no-obligation quote.
Click here for your free quote!
The MEMBERS Auto & Homeowners Insurance Program is made available by CUNA Mutual Insurance Agency, Inc. and underwritten by leading insurance companies. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state regulations allow. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union. The insurance offered is not sold by Sterling Federal Credit Union.
Medicare
On your 65th birthday, you’re eligible for Medicare. Thanks to your credit union, you can receive expert, no-cost advice in choosing the best Medicare choices for your personal situation.
That’s because your credit union has partnered with Humana (a company dedicated to serving Medicare needs) and CUNA Mutual Group (a company dedicated to serving credit union member needs) to help you understand all your Medicare options and make wise decisions.
Even if it’s three months before or three months after your 65th birthday, call CUNA Mutual toll free today for:
A no-cost, no-obligation Medicare consultation with a licensed, knowledgeable representative.
877-774-8570 (TTY 1-866-205-6207)
8 a.m. – 6 p.m., Monday – Thursday
8 a.m. – 5 p.m., Friday, CST
To enroll in Medicare online, or for more information,
visit: www.creditunionhealthcare.com
Click here to learn more about Medicare plan options.
The Humana family has HMO, PPO, PDP, and PFFS plans with a Medicare contract. No obligation to enroll. Medicare has neither reviewed, nor endorses, this information.
These plans are not a deposit and are not federally insured. They are not sold or guaranteed by Sterling Federal Credit Union. Your credit union enables this program to be offered and is entitled to compensation from CUNA Mutual Group.
Life insurance is an essential part of your financial security. Life insurance can protect your assets while protecting and eliminating financial burdens from your loved ones. Thanks to our partnership with CUNA Mutual Group you can turn to their licensed professionals when making this important decision.
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Call 1-888-380-9287 today for a free, no-obligation quote.
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You can also visit them on line.
The insurance offered is not a deposit and is not Federally Insured or guaranteed or sold by Sterling Federal Credit Union. Product may not be available in all states.
When constructing an insurance plan, keep long term care insurance open as an option. Long term care insurance can help you preserve your freedom and retain your independence while insuring your nest egg.
Thanks to our partnership with CUNA Mutual Group you can see how long term care insurance can protect your savings and independence.
- Call 1-888-380-9287 today for a free, no-obligation quote.
- You can also visit them on line.
The insurance offered is not a deposit and is not Federally Insured or guaranteed or sold by Sterling Federal Credit Union. Product may not be available in all states.
