What are the requirements to become a member of the Midwest America Federal Credit Union?
MidWest America provides up to an additional $250,000 of insurance through Excess Share Insurance, in addition to the federal insurance. For example, a member’s savings would be insured to $500,000. Their retirement accounts would be insured to $500,000. We are proud to say that your funds are very secure at MidWest America Federal Credit Union. We are proud to state that MidWest America Federal Credit Union remains well capitalized, and your funds are federally insured by the NCUA (National Credit Union Administration) through its National Credit Union Share Insurance Fund (NCUSIF.) It is backed by the full-faith and credit of the US Government. Consumers who have federally insured funds in credit unions should rest assured that their deposits are safe up to at least $250,000 per account, with additional coverage of up to $250,000 for certain retirement accounts. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government
