Your deposits at Pacific Oaks

Breaking News - Increase in NCUA Insurance: Your deposits are federally insured by the National Credit Union Administration and are now insured to at least $250,000. And, depending on how your account is established, that coverage can be significantly increased.  

A few important facts to keep in mind regarding deposits with Pacific Oaks:

• By simply having different ownership interests or rights in different types of accounts, you may obtain additional coverage, above the $250,000.  For example, a joint account is insured for $250,000 for each owner.
• Not one penny of NCUA insured savings has ever been lost by a member of a federally insured credit union.
• Pacific Oaks can help you structure your savings in order to obtain the maximum amount of insurance coverage.

NCUA Toolkit

The NCUA Insurance Call Center, operating from 8 a.m. to 6:30 p.m. (EDT) Monday through Friday, has insurance experts available to answer questions about the coverage provided by NCUA share insurance. The toll-free Insurance Call Center number is 1-800-755-1030, extension 1.

View and download the complete Your Insured Funds brochure from the National Credit Union Administration. The brochures explains in simple terms the benefits of NCUA insurance.

Click on theNCUA Insurance Estimator to estimate your share insurance.

Pacific Oaks has been around since 1948.  And although times are different now, our dedication to fulfilling our member’s dreams remains the same. If you have any questions regarding your insured funds or would like to talk with a Financial Services Consultant to determine ways to keep your money safe, please contact us at your convenience.