ALEXANDRIA, Va. — Fortunately Tropical Storm Ernesto, which boredown on South Florida on the one-year anniversary of Katrina, wasnowhere near as damaging as his older sister the year before.
Still, NCUA was sure to issue a public service announcement toassure credit union members in the area affected by Tropical StormErnesto that their deposits are insured by the federal governmentthrough the NCUSIF. Ernesto strengthened as he moved up the EastCoast.
“If you are a member of a credit union located in the state(s)most affected by Tropical Storm Ernesto–please be assured that yourfunds are federally insured by the National Credit UnionAdministration (NCUA),” the agency stated.
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