¿Sabe usted cuál es la diferencia entre un banco y una cooperativa de ahorro y crédito?



Su Dinero Esta Seguro en Credit Unions

Your Money Safe and Sound  

by Anna Peña

Why should I keep my money at a financial institution? Is my money safe from fraud or fraudulent charges?

First, your money is much safer from fraud if you keep it at a financial institution such as a credit union, than if you keep your money at home. Remember that con artists still may try to convince you to give them your account number, so never give out account numbers or other personal information to strangers or to people who may want to gain access to your money. Con artists may ask you for your account number over the phone, in an e-mail message, in a text message on your phone, or by approaching you on the street.


Second, by keeping your money at a financial institution, your money is safe from fire, theft, or loss. Just think: If your house or apartment is damaged or destroyed by a hurricane or tornado or flood, the money you keep there likely will be lost.

Third, if you carry large amounts of cash with you, you could lose the money or be robbed. Worse, you could be hurt or killed during a robbery.

Finally, remember that keeping your money at a financial institution is convenient. You can get money quickly and easily, and not worry about someone stealing the money from your wallet or from home.

Can the government take my money?

No. Financial institutions are there to serve you, not to report your account information to the government. And they don't share your legal status or your personal information with the government.

How much of my money is covered if the institution fails?

In the rare event that a financial institution fails, your money is insured up to $250,000. For bank customers, deposits are insured by the Federal Deposit Insurance Corporation (FDIC), and for credit union customers, deposits are insured by the National Credit Union Share Insurance Fund (NCUSIF).

Note that if you have a joint account, each co-owner is insured for up to $250,000. And if you have IRAs or other retirement accounts, these accounts are insured separately (that is, in addition to your other accounts) for up to $250,000.

Published 7-29-2013



Tu dirección electrónica

La dirección electrónica de ellos




Envíanos Tus Comentarios

Tu Nombre

Correo Electrónico


¿Quieres que un representante de la credit union se ponga en contacto contigo?
Si No
Si tiene alguna pregunta sobre su cuenta o una transacción, por favor póngase en contacto con su credit union por teléfono en vez de usar esta forma.


RSS Compártelo Contáctanos