Regulatory

 

    COMPLAINT NOTICE

 

This credit union is incorporated under the laws of the State of Texas and under state law is subject to regulatory oversight by the Texas Credit Union Department. If you have a dispute with Mesquite Credit Union you should contact the credit union. If the dispute is not resolved to your satisfaction, you may file a complaint against the credit union by contacting the Texas Credit Union Department through one of the means indicated below:

 

Mail: Texas Credit Union Department

914 East Anderson Lane

Austin, Texas 78752-1699

Phone -- (512) 837-9236

Fax -- (512) 832-0278

 

E-mail: complaints@tcud.state.tx.us

Website: www. tcud.state.tx.us

 

 

 Upon request, a member is entitled to review or receive a copy of the most recent version of the following credit union documents: balance sheet and income statement (the non-confidential pages of the latest call report may be given to meet this requirement); a summary of the most recent annual audit completed in accordance with §91.516 of this chapter (relating to Audits and Verifications); written board policy regarding access to the articles of incorporation, bylaws, rules, guidelines, board policies, and copies thereof; and Internal Revenue Service Form 990.

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 share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does notinclude 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. For more information about temporary NCUA insurance coverage of transaction accounts, visit

 

 www.ncua.gov

 

 

(2) If an insured credit union uses sweep arrangements, modifies the terms of an account, or takes other actions that result in funds no longer being eligible for full coverage under this section, the insured credit union must notify affected members and clearly advise them, in writing, that such actions will affect their share insurance coverage.

 

 

 
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1510 N Galloway Ave | Mesquite, TX 75149
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