Deposit Insurance

Your deposits are insured now up to $500,000!

• Where is the other $250,000 coming from?
  
  The Emergency Economic Stabilization Act of 2008, signed into law on October 3, 2008, increased the NCUA insurance coverage on all accounts up to $250,000 through December 31, 2009.
  
  
• Board of Directors has chosen an additional $250,000 of savings coverage to qualified accounts.
  
  Missouri Credit Union (MCU) has always been a safe place for your money. As a not-for-profit cooperative owned and run for the benefit of members, MCU has never made risky investments. Savings are federally insured — now to at least $250,000 by National Credit Union Share Insurance Fund (NCUSIF). No one has ever lost a penny of federally insured savings in a credit union. MCU also insures deposits up to an additional $250,000 through Excess Share Insurance (ESI). IRAs are insured up to $250,000 by NCUSIF and ESI each — total coverage equals $500,000.

For further reading, see Savings Disclosure