Updated Information:Temporary NCUA Insurance Coverage Changes
NOTICE: By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be NCUA insured to the legal maximum of $250,000 for each ownership category. For more information, visit www.ncua.gov.
NCUA offers a tool kit which is designed to estimate the insurance coverage on member’s accounts. Access the tool kit at http://webapps.ncua.gov/ins/calculator.html