It is no accident that the Governmental Employees Credit Union, G.E.C.U., is referred to as the “Fully Financial, Fully Friendly” credit union. Spend any amount of time at G.E.C.U. and you will see that there is a difference in the way finances are handled here as opposed to the way they are conducted at other financial institutions. Ask any current member. They will tell you they experience a much more personal, direct approach. Ask them why. They will tell you it is nice to complete financial transactions in an environment where tellers know them by their name. They will tell you that they enjoy feeling like they “count,” which, in fact they do, since all G.E.C.U. members are part owners of the credit union. They will tell you there is a sense of pride with their credit union being so active in the community—sponsoring college students, involvement with Junior Achievement and more. They will tell you they are long-time G.E.C.U. members because they know their credit union is committed to providing financial products and services designed to meet their needs and reach their financial goals. As you will discover, the G.E.C.U. programs are competitive, if not better, than those in other financial institutions. “Fully Financial, Fully Friendly.” This is the way G.E.C.U. has been run for 75+ years and it is the way it will be run for many more.
NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules. The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal ("NOW") account, money-market deposit account, and Interest on Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account. For more information about temporary NCUA insurance covereage of transaction accounts, visit www.ncua.gov.