State of the Union
The 250000 standard share insurance account became permanent through the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. National Credit Union Administration.
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State Farm Federal Credit Union has been open since 1936.
. Its the 3rd largest credit union in Illinois with assets totaling 555 Billion and providing banking services to more than 121000 members. The credit union is a not-for-profit member-owned financial cooperative providing financial banking services to those in finance insurance real estate and trades. The standard share insurance amount is 250000 per share owner per insured credit union for each account ownership category.
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