Belvoir Federal Credit Union is Sound and Your Deposits are Insured

There has been a lot of talk in the news about the safety and soundness of financial institutions since IndyMac Bancorp, Inc. was taken over by U.S. regulators and the liquidity of Freddie Mac and Fannie Mae have been questioned. Belvoir Federal has not engaged in any sub-prime mortgage lending or risky business lending practices. The National Credit Union Administration, the U.S. Government Agency that regulates Federal Credit Unions, reports your Credit Union well capitalized and well managed. We conduct an independent opinion CPA audit annually and engage a second CPA firm for additional evaluations of our risk management. Their recent audit findings have confirmed our safe and sound lending and operational practices.
Your deposits are federally insured through the National Credit Union Administration's National Credit Union Share Insurance Fund (NCUSIF).Like the FDIC, this fund is backed by the full faith and credit of the U.S. Government. Please click here for more information about the strength of the NCUA Share Insurance.
Belvoir Federal has proudly served the military community and our Prince William and Fairfax County members for over 62 years. As a not-for-profit financial cooperative, we are here to support you during these difficult financial times with our service first "people helping people" philosophy.
Additional links about Credit Union Share Insurance:
How your accounts are insured
Share insurance estimator



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