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Routing Number: 291880411

 

 

 

 

 

 

 

 

At RCU, you can trust that your accounts are safe and secure. Below is some information on your insured funds.

  • The Emergency Economic Stabilization Act of 2008, signed into law on October 3, 2008, increased the insurance coverage on all accounts
    up to $250,000
  • Properly established share accounts in federally insured credit unions are insured up to $250,000
  • If a member has more than one account in the same credit union, all funds are added together and insured up to $250,000
  • A member can have additional coverage on multiple accounts, but only
    if the accounts have different ownership interests or rights in different types of accounts
  • Additional coverage is available on revocable trust or payable on
    death accounts
  • On joint accounts, the co-owner's interest in all joint accounts in the same credit union will be added together and insured up to $250,000
  • Traditional and Roth IRAs are insured separately to $250,000 from other accounts that the member maintains in the same credit union
  • However, both Traditional and Roth IRAs are added together and insured up to $250,000
  • For revocable trust accounts, a member can have coverage up to $250,000 for each account that has a different beneficiary named to receive the funds

The charts below show how a typical family may use multiple ownership of accounts to increase the insurance coverage for family funds.

Family of Two*

Husband

Individual Account

$250,000

Wife

Individual Account

$250,000

Husband & Wife

Joint Tenancy Accounts

$500,000

Husband as trustee for Wife

Testamentary Revocable Trusts

$250,000

Wife as trustee for Husband

Testamentary Revocable Trusts

$250,000

Total: $1,500,000

Family of Three*

Husband

Individual Account

$250,000

Wife

Individual Account

$250,000

Child

Individual Account

$250,000

Husband & Wife

Joint Tenancy Accounts

$250,000

Husband & Child

Joint Tenancy Accounts

$250,000

Wife& Child

Joint Tenancy Accounts

$250,000

Husband as trustee for Wife

Testamentary Revocable Trusts

$250,000

Husband as trustee for Child

Testamentary Revocable Trusts

$250,000

Wife as trustee for Husband

Testamentary Revocable Trusts

$250,000

Wife as trustee for Child

Testamentary Revocable Trusts

$250,000

Total: $2,500,000

Family of Four*

Husband

Individual Account

$250,000

Wife

Individual Account

$250,000

Child 1

Individual Account

$250,000

Child 2

Individual Account

$250,000

Husband & Wife

Joint Tenancy Accounts

$250,000

Husband & Child 1

Joint Tenancy Accounts

$250,000

Wife & Child 2

Joint Tenancy Accounts

$250,000

Child 1 & Child 2

Joint Tenancy Accounts

$250,000

Husband as trustee for Wife

Testamentary Revocable Trusts

$250,000

Husband as trustee for Child 1

Testamentary Revocable Trusts

$250,000

Husband as trustee for Child 2

Testamentary Revocable Trusts

$250,000

Wife as trustee for Husband

Testamentary Revocable Trusts

$250,000

Wife as trustee for Child 1

Testamentary Revocable Trusts

$250,000

Wife as trustee for Child 2

Testamentary Revocable Trusts

$250,000

Total: $3,500,000

*Insurability of accounts and products can vary by situation. A useful tool to determine your eligibility can be found on the NCUA website, by accessing the Share Insurance estimator. Estimate your insurance.

Investments & Savings

Calculators

Individual Retirement Accounts (IRA)

Money Market Accounts

RCU Investment & Insurance Team

Certificates

Savings Accounts

Health Savings Accounts (HSA)

Kid's Club

RCU School $ense

US Savings Bonds

Tax Information

Account Disclosures

View disclosures (including Truth in Savings Disclosure).

View special service charges.

For More Information

Call 1-800-341-9911

Email Member Services