The Helping Families Save Their Homes Act of 2009 includes, among other things, amended the Federal Deposit Insurance Act and the Federal Credit Union Act to enhance the liquidity and stability of insured depository institutions to ensure availability of credit and reduction of foreclosures.  Of particular importance, the bill extends through 2013 the temporary increase in deposit insurance coverage for both the FDIC Deposit Insurance Fund and the National Credit Union Administration (NCUA) Share Insurance Fund to $250,000.  Previously Congress had provided for a temporary increase in the deposit insurance coverage that was scheduled to expire on December 31, 2009.

For more complete information about the deposit insurance coverage related to your accounts at the credit union, please visit www.NCUA.gov.