You may have recently read headline news about downturns in the various financial markets. It will give you peace of mind to know that your Dade County Federal Credit Union account is safe and secure.
The National Credit Union Share Insurance Fund (NCUSIF) which is managed by the National Credit Union Administration (NCUA), a federal government agency, insures Dade County Federal Credit Union individual accounts up to $250,000. Funds in Traditional and Roth IRAs are separately insured in aggregate for up to an additional $250,000.
What does all this mean to you? It means that Dade County Federal Credit Union continues to be a safe and secure place to watch your savings grow even in today’s uncertain economy.