TOOLS & RESOURCES

YOUR $250,000 IS COVERED!

Your shares in Motion Federal Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF) or the Fund, an arm of NCUA. Established by Congress in 1970 to insure member share accounts at federally insured credit unions. The Fund is managed by NCUA under the direction of the three-person NCUA Board. Share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).

The basic insured amount for a credit union member/owner under current law is $250,000. Share accounts maintained in different rights or capacities, or forms of ownership, may each be separately insured up to $250,000. Thus, a member may hold or have an interest in more than one separately insured share account in the same insured credit union.

All types of member share accounts and deposits received by the credit union in its usual course of business, including regular shares, money market accounts, share certificates, and share draft accounts may be insured.

If a member has an Individual Retirement Account in the credit union, this account is separately insured up to $250,000 by NCUA. It’s YOUR RIGHT to have your money protected. We have you covered at Motion!

To estimate your insurance coverage amount click here.


SHARE INSURANCE FAQ

How do I know if my credit union is federally insured?

All federally insured credit unions must prominently display the official NCUA insurance sign at each teller station, where insured account deposits are normally received in their principal place of business and in all branches. federally insured credit unions are also required to display the official sign on their Internet page, if any, where they accept share deposits or open accounts. No credit union may end its federal insurance without first notifying its members.

Is it possible to have more than $250,000 at one federally insured credit union and still be fully covered?

You may qualify for more than $250,000 in coverage at one insured credit union if you own share accounts in different ownership categories. The most common account ownership categories for individual and family shares are single owner accounts, joint accounts, certain retirement accounts, revocable trust accounts, and irrevocable trust accounts


Visa® Lost or stolen card holder service: 800.299.9842 or 800.237.6211

Pay by phone: 800.299.9842

Still have questions? Call our Visa® Department at: 908.862.6966, option 3 or visit a branch.


CREDIT UNION INFORMATION:

National Credit Union Administration – www.ncua.gov


MEMBER SERVICES:

Re-Order Credit Union Checks – Main Street
VISA Credit Card Account Info – www.ezcardinfo.com


CALCULATORS:

www.loanspq.com


YOUR $250,000 IS COVERED!

Your shares in Motion Federal Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF) or the Fund, an arm of NCUA. Established by Congress in 1970 to insure member share accounts at federally insured credit unions. The Fund is managed by NCUA under the direction of the three-person NCUA Board. Share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC).

The basic insured amount for a credit union member/owner under current law is $250,000. Share accounts maintained in different rights or capacities, or forms of ownership, may each be separately insured up to $250,000. Thus, a member may hold or have an interest in more than one separately insured share account in the same insured credit union.

All types of member share accounts and deposits received by the credit union in its usual course of business, including regular shares, money market accounts, share certificates, and share draft accounts may be insured.

If a member has an Individual Retirement Account in the credit union, this account is separately insured up to $250,000 by NCUA. It’s YOUR RIGHT to have your money protected. We have you covered at Motion!


International Travel Notice: Visa® Fraud Control confirmed that most fraudulent activity originates outside of the United States. Thus to help guard you against fraud, our Debit Card(s) have an international security block. If you plan to travel outside of the United States, we ask that you notify us at least one week prior to your trip at: 908-862-6966 option 3 and then option 4 to have the block temporarily removed and to ensure you can use your Debit Card(s) without interruption. The information you will have to provide us will include the exact dates of your travel and the country/countries you will be visiting; or the date(s) you will perform a non U.S based transaction and the country with which you will be transacting. For added security, you may still receive a courtesy call from our fraud monitoring service asking you to verify your international purchases.

Visa® is accepted worldwide, and by signing for purchases you ensure Visa® is processing the transaction. When using your Debit Card abroad, it’s recommended to use the credit option rather than using your PIN at participating merchants. If you enter your PIN instead, the payment is routed differently and some international merchants may not be able to process your PIN transactions, resulting in a declined payment. However, your Debit Cards will work in international ATMs by using your PIN.


Tips for Protecting your Information

We would like to remind you of the value of taking good security precautions. It is a good idea to develop strong and secure online passwords and to change them frequently. Below are a few tips for good password practices.

• Include numbers, symbols and letters.
• Use a combination of capital and lowercase letters.
• Do not use the same password across multiple sites.
• Do not store important passwords, such as your home banking
password, in your email account.
• Monitor your accounts regularly for suspicious activity.


Report Suspicious E-mails

Internet scams are nothing new, and as more of us conduct our business online, we’re also becoming more business savvy in spotting suspicious e-mails. Unfortunately, the Internet scammers are becoming more sophisticated in their tactics, for example, creating fake websites which appear to be legitimate, but are actually designed to lure unsuspecting users into providing confidential information.


Debit & Credit Card Fraud

Motion works continuously to monitor your accounts for fraudulent activity. If you feel your accounts are ever compromised, contact Motion’s Visa Fraud Department immediately at: 800.237.6211.


Phishing Scams

Phishing can be defined as any type of email-based social engineering attack, and is the favored method used by cyber criminals and nation-state actors to carry out malware and drive-by attacks. These are fraudulent emails disguised as legitimate communication that attempt to trick the recipient into responding by clicking a link, opening an attachment, or directly providing sensitive information.

Motion will never solicit your personal information via phone or email.


Online Security

Cyber security attacks can take many forms and utilize all web-capable devices to access and compromise your personal data. Arm yourself against the threat and immediately report questionable activity.


Card Skimming

Card skimming is illegal copying of information from the magnetic strip of a credit card or ATM card. Scammers try to steal your details so they can access your accounts. Once scammers have skimmed your card, they can create a fake or ‘cloned’ card with your details on it. Scammers are then able to run up charges on your account and steal your identity.

If you suspect that a skimming device has been installed on an ATM that you are using or trying to use, contact your local police department immediately.


Tips on Creating Passwords

Your personal information and accounts are better secured with a strong password. Weak passwords can leave your computers, personal information and accounts vulnerable for attacks. A weak password could contain a username, an actual name, or the name of a company. In fact, it could be a complete word from the dictionary, i.e., password. Create a strong password that you will remember. Make it complex by mixing upper and lower case letters, mixed with numbers.


The National Credit Union Administration (NCUA) Warns about Telephone Fraud

The National Credit Union Administration today warned consumers to beware of a new telephone fraud, known as a “vishing” scheme that is using the agency’s name in an attempt to obtain personal financial information.

Several credit union members have been contacted by an automated phone call claiming to be from NCUA and notifying consumers their debit cards have been compromised. The call then asks the receiver to follow prompts, which request personal information, including sensitive financial data and personal identification information.

Anyone contacted by this so-called “vishing” scheme should immediately contact NCUA’s Consumer Assistance Center Hotline at 800-755-1030 or by email at phishing@ncua.gov to report the scam. Operators answer calls Monday through Friday between 8 a.m. and 5 p.m. Eastern.

NCUA neither seeks personal information from consumers over the telephone nor handles day-to-day maintenance of member account information. NCUA works with law enforcement agencies, including the FBI, to protect consumers from frauds of this nature.

NCUA urges consumers to never verify or release personal financial information to unknown callers.


Security Tip

One’s identity is one of your most valuable assets. Motion is committed to teaching members how to prevent identify theft and report fraud. Shred documents that contain your name, address and other sensitive data.

For more fraud alerts information click here.


Motion offers insurance options through TruStage™

What is TruStage™?

TruStage™ is insurance the credit union way. These products and programs are made available through TruStage Insurance Agency and offered only to credit union members. Today, more than 15 million members rely on TruStage for their products, programs, services, expertise and experience. With a commitment to dependability and a members-first philosophy, TruStage helps you protect what matters most.

Exclusively for credit union members. Looking for insurance protection? We've Got You Covered. Find Out More.