With reports in the news of some financial institutions facing losses and other problems due to subprime mortgage lending and the “credit crunch,” you may be wondering about the financial stability of places where you do business. We'd like to reassure you that Clearview remains strong, safe and secure.

You can enjoy added peace of mind knowing that your deposits are federally insured through the National Credit Union Administration (NCUA). The NCUA is backed by the full faith and credit of the U.S. government. Not one penny of insured savings has ever been lost by a member of a federally insured credit union. Each account holder's funds are insured to at least $100,000, and some retirement accounts such as individual retirement accounts are separately insured up to $250,000.

If your savings exceed the amount covered by the basic insurance limits, you can extend your NCUA coverage by establishing different types of accounts. The NCUA insures accounts in different ownership categories separately.

Detailed information about NCUA insurance coverage, as well as a link to the NCUA’s Web site where you can use a calculator to estimate your coverage, is available by clicking here.

If you have any questions or concerns, please feel free to call us at 1-800-926-0003 or stop by any branch.