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PHILADELPHIA — Philadelphia Federal Credit Union’s board of directors announced that the credit union is now qualified to insure regular member savings accounts up to $350,000 and retirement accounts up to $500,000.

This is the highest combination of federal-private savings insurance available to consumers. PFCU combined the $100,000 per member for savings accounts and $250,000 for retirement accounts that is provided by the NCUA with $250,000 per member provided by the private insurer Excess Share Insurance Corp. (www.excesshare.com).

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