Disclosures

As a member of North East Texas Credit Union, you are entitled to receive upon request copies of the following: a summary of the credit union's most recent annual audit, the most recent statement of financial condition, and the IRS Form 990 filing.  All requests should be submitted in writing to the following: NETCU, Attn. Compliance, PO Box 1480, Lone Star, TX  75668.

 

To view our current annual report, Click Here.

 

To view our Funds Availability Policy, Click Here.

NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a ‘‘noninterest-bearing transaction account’’ are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules. The term ‘‘noninterest-bearing transaction account’’ includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal (‘‘NOW’’) account, money market deposit account, and Interest on Lawyers Trust Account  (‘‘IOLTA’’), even if share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov.