Effective February 1, 2012 Marshland will begin charging a low balance fee of $5 for all member accounts whose cumulative balances are less than $100 AND they do not currently have a loan with Marshland Credit Union.
Effective February 1, 2012 all Marshland Business Accounts will be charged account fees as previously defined by the Marshland Credit Union Business Account Fee and Rate Schedule. For more details, please call 912-279-2000 or visit one of our branches.
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 shared 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 shared drafts may be drawn on the account
For more information about temporary NCUA insurance coverage of transaction accounts, visit www.ncua.gov. |