MCCU Mobile Banking App and Apple’s iOS Update
Apple’s most recent iOS update has triggered a malfunction with our mobile banking app. If you have not completed the most recent iOS update, the mobile app will continue to work.
If you have completed the iOS update, we apologize for the inconvenience this may cause you.
We are currently updating the mobile app and we will send a message once the updated application is available in the Apple Store.
You may still access your account online through Online Banking.
The money you have on deposit at Members Choice Credit Union is insured by the National Credit Union Share Insurance Fund (NCUSIF), a fund backed by the federal government. Deposit Insurance is simply added peace of mind that your money is safe. Federal insurance protects the money in all your deposit accounts. Some limits apply, see below.
All members of federally insured credit unions are insured up to $250,000. If you have $250,000 or less on deposit, you’re covered 100 percent.
Retirement accounts are insured separately – in addition to your non-retirement accounts. Your money in Traditional and Roth IRAs is protected to a combined total of $250,000. If you have several IRAs at Members Choice with balances that add up to $250,000 or less, deposit insurance covers you 100 percent.
Depending on what type of accounts you have at Members Choice, you can potentially be covered for several hundred thousand dollars or more. Joint account owners with equal rights to an account are each insured up to $250,000.
The benefits of keeping your money in a federally insured credit union go beyond dollar amounts. The NCUA (National Credit Union Administration)— our federal regulator— has strict operating standards that credit unions must adhere to in order to qualify for federal insurance in the first place. As a result, the NCUA regularly monitors credit unions to assure that they continue operating successfully.