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A message from DFFCU President/CEO, Rose E. Gilliam
In the wake of national news about the multiple changes and challenges in the financial markets, some of our members have inquired about the safety of their funds on deposit with DuPont Fibers Federal Credit Union. Please rest assured that your funds are safe.
Your Credit Union has a strong capital position of over 11%, well above the regulatory level of 7% necessary to be classified as “well-capitalized”. In addition, DuPont Fibers Federal Credit Union 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. Today, we are continuing to serve our members’ deposit and loan needs just as we have for over 50 years.
On October 3, 2008, Congress passed and President Bush signed into law the Emergency Economic Stabilization Act of 2008. One provision of this new Act was an increase in the insurance coverage on all accounts from $100,000 to $250,000 through December 31, 2009.
Member accounts are federally insured to at least $250,000 each by the National Credit Union Share Insurance Fund which is administered by the National Credit Union Administration (NCUA), an agency of the federal government. Individual Retirement Accounts are separately insured up 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.
Thank you members for your continued patronage!
If you are or a family member is looking for a conservative, stable financial institution, DuPont Fibers Federal Credit Union welcomes you! | 
