First South is among the top 2% of financial institutions in terms of strength and stability. In 2004 we were again rated "Superior" by IDC, an independent financial rating service. Members' deposits are insured to $100,000 by the NCUA, an agency of the U.S. Government.

Members of First South enjoy peace-of-mind knowing their investments are secure with one of the safest financial institutions in the country.

Federal Insurance Protection is provided on First South Accounts, by the National Credit Union Share Insurance Fund (NCUSIF). This is similar to the Federal Deposit Insurance Corporation (FDIC) insurance at banks. Insured credit unions are required to maintain 1% of their insured shares in the NCUSIF. This fund is extremely strong and is at its best reserved level in history. No funds have ever been lost by a member of a federally insured credit union.

Your accounts are insured up to $100,000 with up to an additional $250,000 for IRAs.