Monday, August 22, 2016

Latah FCU Converts to Privately-Insured, State Chartered CU

Effective September 15, 2016, Latah Federal Credit Union (Moscow, ID) will become a privately-insured, state-chartered credit union.

Accounts will be insured by American Mutual Share Insurance.

The National Credit Union Administration approved the conversion vote.

Up to the date the conversion becomes effective, the credit union will allow all members who have share certificates and other term accounts to close the federally-insured portion without an early withdrawal penalty.

Read the notice.

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