All types of share accounts and deposits received by Affinity Plus are insured, including the following:
- IRAs (Roth and Traditional)
- Money Markets
- Trust Accounts
Accounts NOT Covered
Mutual funds, stocks, bonds and life insurance policies ARE NOT covered by the NCUA.
|Account Ownership Type||Example Account||Less than $250k||Greater than $250k||Notes|
|Individual||Savings, Checking or Money Market|
|Covered||Up to $250k covered||Total amount in combined accounts.|
|Joint||Savings, Checking or Money Market|
|Covered||Up to $250k covered per owner||Amount per owner's interest in joint accounts.|
|Trust||Formal or Informal Revocable Trusts||Covered||Up to $250k covered per beneficiary||Amount per beneficiary, for each owner.|
|Retirement||Traditional or Roth IRA, or Keogh Plan||Covered||Up to $250k covered||Amount in trad. & Roth IRA accts added together.
Beneficiaries do not change coverage amount.