Savings Deposit Insurance

ACIPCO Federal Credit Union is federally insured by the NCUA.  All deposit accounts are insured up to $250,000.  If you have multiple accounts that exceed $250,000, some of your money MAY not be insured.  The basic NCUA coverage limits are:

  • Single Ownership Accounts (owned by one person with no beneficiaries): $250,000 per member-owner
  • Joint Ownership Accounts (two or more persons with no beneficiaries): $250,000 per owner (with the primary owner a member of the credit union)
  • IRAs and other certain retirement accounts: $250,000 per member-owner
  • Revocable trust accounts: Each member-owner is insured up to $250,000 for each eligible beneficiary named or identified in the revocable trust, subject to limitations and requirements.
  • Irrevocable trust accounts: Each owner (so long as all owners OR all beneficiaries are members of the credit union) is insured up to $250,000 for each eligible beneficiary named or identified in the irrevocable trust, subject to specific limitations and requirements. Coverdell Education Savings Accounts, formerly education IRAs, are insured as irrevocable trust accounts.
  • A qualifying eligible beneficiary must be a natural person, or a charitable organization or non-profit entity under the Internal Revenue Code.
*These share insurance coverage limits refer to the total of all shares that account owners have at each federally insured credit union. The listing above shows only the most common ownership types that apply to individual and family shares, and assumes that all NCUA requirements are met.

For a more exact estimate of how much of your money is insured, please click on the NCUA’s Insurance Estimator, or call the Credit Union.

Who can join ACIPCO FCU?

All ACIPCO employees and their family members, and relatives, by blood or marriage, of current AFCU members are eligible to join ACIPCO Federal Credit Union.

Once a member, always a member. Even if you change jobs or move, AFCU stays with you for a lifetime! To remain a member, simply maintain the minimum balance in your share account and continue to use our services.

How do I sign up for direct deposit?

Please give your payroll department our routing number (262087447) and your account number (for savings) or your MICR number for your checking (the second set of numbers at the bottom of your checks).

How do I change my name on my account?

A new signature card will need to be signed by the account owner whose name has changed for all suffixes (accounts) that you own at ACIPCO Federal Credit Union. We also need a copy of your new driver’s license, marriage certificate or divorce papers. We ask that you come to the Credit Union to change your name.

How do I add/remove joint owners from my account?

A new signature card will need to be signed by everyone concerned whether they are being added, being removed or staying on the account. We do ask that all owners come to the credit union, but this can be done by mail if needed, and we can verify all signatures.

What are the daily limits on debit card transactions?

Signature - $750.00
PIN - $2,500.00