Midwest America Federal Credit Union
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Frequently Asked Questions
About Loan Due-date Changes


Congress passed the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act which requires periodic statements to be provided at least 21 days before the payment due date for all open-end credit, effective August 20, 2009. This will only affect our members who have open-end loans. In order to better understand this particular section of the CARD Act, MidWest America has developed some FAQs that address significant issues.

<<Click here to view the FAQ page>>

 

 
 
Your savings are federally insured by the National Credit Union Administration and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000.- learn more.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government, the National Credit Union Administration, a U.S. Government Agency, and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000. IRAs are separately insured to $250,000 by the National Credit Union Administration, a US Government Agency, and an additional $250,000 by Excess Share Insurance, for a total of $500,000.

Equal Housing Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.