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Louisiana Credit Unions are Safe, Sound and Federally Insured!Your deposits in a Louisiana credit union are federally insured by the National Credit Union Share Insurance Fund (NCUSIF). It’s just like the funds that insure accounts in other financial institutions and insures funds in the same amounts (up $100,000 or $250,000 for a retirement account). NCUSIF was established by Congress in 1970 to insure accounts at federally insured credit unions. The National Credit Union Administration, an agency of the federal government, oversees NCUSIF.
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