DFFCU Remains Safe and Sound
A message from the CEO

With the continuing news of challenges in the financial markets, I want to assure you that DFFCU remains financially strong and well positioned to serve your financial needs. As you may have heard, the National Credit Union Administration (NCUA) made the decision to place into conservatorship two wholesale corporate credit unions – U.S. Central Federal Credit Union and Western Corporate “WesCorp” Federal Credit Union.  Corporate credit unions do not serve consumers.  Instead they provide products and services to credit unions.  The conservatorships mean that services provided by these corporate credit unions will continue uninterrupted.  I want to assure you that these actions do NOT affect the safety and soundness of DuPont Fibers Federal Credit Union or our members’ deposits. Knowing the following about DFFCU may help ease any uncertainties you have due to the unsettling financial market conditions or media reports. > Here at DFFCU, we continue to serve our members with responsible lending and offering a safe place to save > Your Credit Union is healthy and sound with a strong capital position > DFFCU has never participated in sub-prime mortgage lending, focusing instead on making loans that are well documented and in the best interest of our members > Your savings are federally insured to at least $250,000 by the National Credit Union Administration, and not one penny of insured savings has ever been lost by a member of a federally insured credit union Finally, DFFCU is here to stay and serve you as it has for over 50 years! I thank all members for your patronage, and if you have family or friends who are looking for a conservative, stable financial institution, DuPont Fibers Federal Credit Union welcomes them! Rose E. Gilliam, President/CEO DuPont Fibers Federal Credit Union

National Credit Union Administration Resources:

Your savings are federally insured to at least $250,000 by the National Credit Union Administration. IRA accounts are separately insured to $250,000.The opportunity exists to have higher levels of insurance based on how your accounts are structured.  Please use the resources below from the National Credit Union Administration to help you determine the best way to establish account ownership interest to maximize insurable balances.

NCUA FAQs- What is NCUA?  What is its purpose?

"Share Insurance Estimator" -Estimate the amount of insurance coverage based on scenarios you input.

"How Your Accounts Are Federally Insured" - Brochure with general information regarding share insurance coverage.

Ask an Expert - The NCUA Insurance Call Center, operating from 8 a.m. to 6:30 p.m. (EDT) Monday through Friday, has insurance experts available to answer questions about the coverage provided by NCUA share insurance. The toll-free Insurance Call Center number is 1-800-755-1030, extension 1.