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Your Money is Safe at OMSEFCU - as news stories about Government bailouts and the failure of big financial providers dominate the headlines, consumers across the nation are understandably more anxious than ever about the health of the financial services industry. This growing concern has naturally created questions from consumers across the nation about the safety of deposits in financial institutions. Thankfully, OMSEFCU takes a very traditional and conservative approach to lending, investing, and protecting members' money which has continued to serve our credit union extremely well now, through this period of economic turmoil and for many years to come. OMSEFCU maintains net worth reserve levels well beyond established Federal regulatory standards, resulting in a classification as a Well-Capitalized Federal Credit Union by regulators. Additionally, OMSEFCU deposits are federally insured by the National Credit Union Share Insurance Fund (NCUSIF)-the strongest and best-capitalized of the nation's Federal deposit insurance funds. Not one cent of taxpayer dollars has ever been used to bailout a Credit Union! For more information, visit the National Credit Union Association website and learn more about the NCUSIF, including an insurance estimator and a "How Your Accounts Are Insured" e-brochure or contact us for more details.
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