Vermont Credit Unions - Credit Union Organizations

Deposits in all Vermont credit unions are insured up to $250,000
By act of Congress, the federal limit for credit union deposit insurance
has been raised from $100,000 to $250,000. In Vermont and across the country,
no one has ever lost a penny of federally insured savings in a credit union.
Deposits in all 31 Vermont credit unions are insured to $250,000 by the National Credit Union Administration (NCUA). Just as the FDIC insures bank deposits, NCUA insures credit union deposits through the National Credit Union Share Insurance Fund (NCUSIF), a federal insurance fund backed by the full faith and credit of the United States Government.
The recently enacted Emergency Economic Stabilization Act of 2008 (EESA) raised the NCUSIF savings insurance limit from $100,000 to $250,000 through December 31, 2009.
If you have an Individual Retirement Account (IRA) at a Vermont credit union, your IRA is already insured up to $250,000 by the NCUSIF and this limit remains unchanged under EESA.

Association of Vermont Credit Unions
1000 Shelburne Road, So. Burlington, VT 05403-6960
Tel: 802-863-7848 Fax: 802-864-4391
Joseph G. Bergeron, President
Telephone ext: 101
e-mail: jbergeron@vcul.org