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NCUA SHARE INSURANCE AND YOU

Communities have different ways of organizing participation, for example community assemblies, solidarity committees, and so on. Bolivia has an interesting form of citizen participation called vigilance committees. These committees oversee the proper expenditure of project money and the mayor’s work in ensuring the needs and demands of communities are met. The workshop’s participants are now asking whether projects built by social funds are sustainable. Are they any more or less sustainable than other projects? Roads that were built by the funds and roads that were not built by the funds are all decaying. There does not seem to be much difference in terms of sustainability | NCUA Share Insurance and You Your savings federal insured to at least 5250 000 and backed by IỈÌŨ lull fail h and credit of the United States Government NCUA National Credit Union Administralion a U.S. Government Agency Maximize Your Insurance Coverage Road Map This brief slide show will walk you through the basics of share insurance. The slides focus on the types of accounts and how to set up your accounts to maximize coverage. There are real-world examples to help you understand share insurance coverage. Introduction o NCUA insures accounts in credit unions through the National Credit Union Share Insurance Fund Share Insurance Fund . o Congress established the Share Insurance Fund in 1970 to insure member s shares. o The Share Insurance Fund is backed by the full faith and credit of the United States Government. o The Share Insurance Fund provides essentially the same coverage as the Federal Deposit Insurance Corporation s FDIC account insurance. o Not one penny of insured savings has ever been lost by a member of a federally insured credit union