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291 Pine Street
Lewiston, ME 04240


Is Your Money Safe?


With financial institutions recently in the news for their struggles in this difficult economy, many people are wondering that very question.  As a member of Lewiston Municipal Federal Credit Union the answer is a resounding YES!!

Credit unions are a place where consumers can feel confident knowing tht their money will be there when they need it.  The National Credit Union Administration, commonly referred to as NCUA, is the federal government agency that charters and supervises federal credit unions.  NCUA also operates and manages the National Credit Union Share Insurance Fund (NCUSIF), similar to the FDIC which insures banks.  The shares in your credit union are insured by the NCUSIF, which is backed by the full faith and credit of the United States Government.

With the passing of the Federal Bailout Bill on October 3, 2008, the NCUSIF now provides all members of federally insured credit unions with $250,000 in coverage for their individual accounts.  These accounts include regular shares, share drafts (or checking accounts), money market accounts and share certificates.  Individuals with account balances totaling $250,000 or less at the same insured credit union have full NCUSIF coverage.  
NOT ONE PENNY OF INSURED SAVINGS HAS EVER BEEN LOST BY A MEMBER OF A FEDERALLY INSURED CREDIT UNION.  
This is truly an example of how credit unions exist to benefit their members, an advantage no other institution can offer.

Hours
Monday - Friday:
8:30am to 5:00pm

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Monday - Friday
8:00am to 5:00pm
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Lewiston Municipal Federal Credit Union is a full service, member-owned federal credit union serving the employees of the City of Lewiston, the Lewiston School Department, and other select employee groups and their families. Management and staff strive to provide quality services & friendly, helpful member support while maintaining a strong, stable financial institution.

 

© 2001 Lewiston Municipal Federal Credit Union.
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