Terms & Conditions

Your Insured Deposits are Secure

CU SoCal Member deposits are insured to at least $250,000 by the National Credit Union Administration (NCUA.) The NCUA is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States government.

It’s important to note that not one penny of insured savings has ever been lost by a Member of a federally insured credit union. But, rest assured, CU SoCal is a financially sound, well-capitalized credit union with a 5-star rating from Bauer Financial, an independent firm which rates banks and credit unions on financial stability, which means we have substantial funds set aside in reserves as an additional protection for our Members.

Please feel free to call us at 562.698.8326 if you have additional questions or would like to review your accounts. For more information, read our NCUA brochure.

NCUA Share Insurance Estimator

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.