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Share Insurance Increase Now Permanent

Finally, the financial regulatory reform bill was signed into law July 21, 2010. A summary of how it will affect PSECU and our members can be read on our Know More Web page. One highlight, though, is worth mentioning here - the temporary increase to share insurance that was made in the months following the 2008 financial crisis is now permanent. Individual accounts in credit unions are insured for up to $250,000. Read more about share deposit insurance.