Safe Deposit Boxes
Private & Secure
Safeguard your valuables in a completely private and secure place. MemberSource offers four different safe deposit box sizes at our Westchase location. Annual fees are deducted from your MemberSource account and are pro-rated depending on the initial month of the rental. Choose the size that best fits your needs and visit our Westchase branch to get some peace of mind.
- 3"x5" for $25
- 3"x10" for $35
- 5"x10" for $65
- 10"x10" for $100
* Safe deposit box contents are not insured by MemberSource Credit Union.
Money Orders & Official Checks
When paying by cash is out of the question, use a Money Order (for amounts up to $1000) or an Official Check (same as a cashier's check). It assures the recipient the check won't bounce, and the small fee makes it easy for you, too.
Your Insured Funds
Your Funds Are Safe at MemberSource Credit Union
Your deposits at MemberSource are insured by the National Credit Union Administration (NCUA). This is a federal agency that insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States government. This share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).
Deposit accounts are insured up to $250,000 per qualifying account with separate coverage of up to $250,000 for retirement accounts. As an added measure of security, our members’ funds are also covered by Excess Share Insurance (ESI) which provides up to $250,000 of additional protection on member deposit accounts. That means deposits at MemberSource are insured up to $500,000.
Not one penny of insured savings has ever been lost by a member of a federally insured credit union. If any credit union were ever to fail, the NCUSIF will make any necessary payouts to members – usually within 3 days from the time the credit union ceases operation.
If you would like to learn more about insured deposits, go to mycreditunion.gov and click on Keep Your Money Safe Link. You may also request a copy of Your Insured Funds provided by NCUA or the credit union.
NCUA Insured Funds:
Use this link to learn more about how your accounts at MemberSource CU are insured.
Excess Share Insurance
Savings in this credit union may be insured up to $500,000. This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) and private insurance by the Excess Share Insurance Corp. (ESI).
NCUA insures individual savings accounts up to at least $250,000*. In addition, the Board of Directors has chosen to provide an additional $250,000 of savings coverage to qualifying accounts through ESI, a licensed property and casualty insurance company.
For example, if a member has a savings account, a checking account and a certificate of deposit, that when added together totals $290,000, then $250,000 is insured by the NCUA, with the remaining $40,000 insured by ESI. Deposit insurance is provided on a dollar-for-dollar basis and is payable only upon the failure and liquidation of the credit union.
A copy of our Electronic Funds Transfer Account Disclosure is available for your review at any time. Contact us if you have any questions.
EFT Account Disclosure
We Take Security Seriously
At MemberSource Credit Union, your security is very important to us. It's our job to ensure your Online Banking, Mobile Banking and BillPayer transactions are 100% secure and to let you know about any and all scams found in today's world.
If you've never seen the word "phishing" before, here's a quick bit of history: according to the Anti-Phishing Working Group, the word "phishing" comes from the analogy that Internet scammers are using email "lures" to "fish" for passwords and financial data from the sea of Internet users.
Overall, this scheme uses e-mails appearing to come from a legitimate company or user and directs recipients to fake Web sites where they are asked for personal financial information.
If you have received a fraudulent email or if you entered personal information because of such a fraudulent email, please let us know immediately by forwarding a copy of the email to email@example.com.