Greater Iowa Credit Union is a member-owned, not-for-profit financial cooperative in central and western Iowa that offers a full range of financial services at branches in Ames, Greater Des Moines, and Denison.
Greater Iowa Credit Union is an equal opportunity lender and is federally insured by the NCUA. All deposits at Greater Iowa Credit Union are insured up to $250,000 through the National Credit Union Administration. An additional $250,000 insurance is provided by Excess Share Insurance Corp.
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.