Your Savings are Safe with Us!
Orange County's Credit Union continues to be in a strong position financially. Our capital position at 10.34% as of December 31, 2019 is well above the 7.00% the National Credit Union Association (NCUA) considers well-capitalized. The Credit Union is considered well-managed with low risk by the NCUA and the California Department of Financial Institutions. We follow prudent, conservative lending practices and do not participate in high-risk, non-traditional lending. You can feel confident about your choice to bank at Orange County's Credit Union. We're proud of our strong financial condition.
Your Savings are Federally Insured to $250,000
Your savings at Orange County’s Credit Union are federally insured up to $250,000 by the National Credit Union Administration (NCUA). The NCUA insurance coverage is the same as that provided for the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits. Not one penny of insured savings has ever been lost by a Member of a federally insured credit union.
What types of Credit Union accounts are covered?
Your deposits at Orange County's Credit Union are insured to $250,000 on all types of share deposits: checking, savings, money markets, and share certificates.
Who is the NCUA?
The National Credit Union Administration (NCUA) is the federal agency that regulates a federal fund backed by the full faith and credit of the United States Government to insure deposits in federal and most state-chartered credit unions.
For information about the NCUA, visit www.ncua.gov.
What if I have multiple accounts that exceed $250,000?
Additional insurance is available on multiple accounts based on ownership interest. For example, if you have an individual account containing $250,000, and a joint account with your spouse containing $250,000, each account is insured separately for a total coverage of $500,000.
We value your Membership and the trust you've placed in us for more than 80 years. Your deposits are secure at Orange County's Credit Union, so you can continue to invest with confidence.