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Media Inquiries, Contact: | National Credit Union Administration 1775 Duke Street Alexandria, VA 22314-3428 www.ncua.gov www.accessacrossamerica.gov |
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Public Service AnnouncementFriday, September 23, 2005 - Savings of Account Holders Affected by Hurricane Rita are Insured. If you are a member of a credit union located in the states most affected by Hurricane Rita – Louisiana or Texas - please be assured that your funds are federally insured by the National Credit Union Administration (NCUA). NCUA insures the share savings accounts of members of 8,871 federally insured credit unions nationwide, including all credit unions headquartered in Louisiana and Texas. This insurance is provided by NCUA through the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF is the federal fund created by Congress in 1970 to insure member accounts in credit unions up to the $100,000 federal limit. NCUSIF is backed by the full faith and credit of the U.S. government.
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