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Are MCA funds federally insured?

federally funds insured MCA
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Are MCA funds federally insured?

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No. Because MCAs are considered equity in Southwest Corporate, they are used in the calculation of our capital ratios and are available to cover losses that exceed retained earnings. They are not insured by the NCUSIF and they are not guaranteed by the NCUA’s Temporary Corporate Credit Union Stabilization Fund (TCCUSF).

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