In light of recent banking industry news, I would like to take this opportunity to assure you that Homefield Credit Union is a financially strong community credit union and that all of your deposits at Homefield Credit Union are fully insured. Furthermore, every financial decision we make at Homefield Credit Union is made in the best interest of our members and the communities we serve. Our members’ financial success remains a priority as we continue to focus on financial security.
The National Credit Union Association (NCUA) insures deposits up to $250,000. The Massachusetts Credit Union Share Insurance Corporation (MSIC) fully insures ALL excess shares and deposits above the federal insurance limit of $250,000 at all of its member credit unions. Homefield Credit Union is a proud member credit union of MSIC. This means your deposits at Homefield Credit Union are automatically insured 100%, without any limits. There is no additional cost to you for this coverage.
All of us at Homefield Credit Union remain committed to serving our members. Thank you for your loyalty and for placing your trust in Homefield Credit Union.
Should you have any questions about your deposit insurance coverage, please contact us at 508-839-5493. We have an experienced team to serve you and answer any questions or concerns.
Karl J. Moisan
President & CEO