Important Information

National Credit Union Administration

The National Credit Union Administration is an independent federal agency that supervises and insures 6,566 federal credit unions and insures 4,062 state-chartered credit unions. It is entirely funded by credit unions and receives no tax dollars.

National Credit Union Share Insurance Fund:

The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member's deposits in credit unions up to the $250,000 federal limit. Administered by the National Credit Union Administration, the NCUSIF is backed by the "full faith and credit of the United States".

It's the strongest of the three federal deposit insurers.

That's because the more than $1 billion in National Credit Union Share Insurance Fund represents 1.3 percent of all insured credit union shares: a ratio higher than both the Federal Deposit Insurance Corp. and the Federal Savings and Loan Insurance Corp. can boast.

So not only are your savings protected up to $250,000 by the strongest federal insurance funds in the land - you've got "the full faith and credit of the United States" behind your savings insurer as well.

See your Credit Union representative for more information and a detailed flyer about your share accounts and the NCUSIF insurance fund.

How the Fund is Financed:

The NCUSIF maintains at or near 1.30 percent of federally insured credit union deposits. By law, federally insured credit unions maintain 1 percent of their deposits in the NCUSIF and the NCUA Board can levy a premium if necessary. Credit unions voluntarily capitalized the Fund in 1985 by depositing 1 percent of their deposits into the Fund. Since then, the NCUA Board has charged only one premium, when three large New England credit unions failed in 1992 substantially increasing insurance losses. No federal tax dollars have ever been placed in the credit union financial Fund, and no member has ever lost money insured by the NCUSIF.

Encompass Credit Union makes the safety and security of your account information a top priority. If you suspect you've received a fraudulent phone call or email, please contact us immediately.

To protect yourself on the internet, use the following precautions to help safeguard your online activity:

• Never open or respond to SPAM

• Never click on links within an email

• Don’t open attachments from strangers, or with odd filename extensions

• Never give out personal information to unknown websites

• Never provide sensitive information in an email

• Don’t allow websites to store your information

• Be selective on the sites you visit

• Don’t allow sites to “Remember Your Password”

• Work only on computers you trust

• Use a secure browser

• Select a strong password

Some other helpful tips on how to guard against identity theft and other fraudulent activity:

• Check your credit reports at least annually

• Safeguard your passwords and personal information

• Remove mail from your mailbox promptly

• Do not carry your social security card

• Shred financial documents, including preapproved mail offers

• Keep a listing of all credit and debit/ATM card numbers in a safe place, including expiration dates and company contact phone numbers

• Use e-Statements

• Maintain a balanced checkbook

• Use virus protection, firewalls, and secure browsers when surfing the internet

If you are using a screen-reader and are having problems using this website, please call 800-675-8852 for assistance.

Encompass Credit Union is committed to accessibility, diversity, and inclusion. We’re taking steps to make our website easily accessible to all members and visitors to our site. We’re working with our web developers and third-party web partners to ensure that our site is fully compliant with Double-A World Wide Web Consortium (W3C) Web Content Accessibility Guidelines (WCAG) 2.2 by the close of 2024.

If you have any questions, concerns, or feedback, please let us know at onlineservices@encompasscu.org.