MASSACHUSETTS CREDIT UNION SHARE INSURANCE

The Massachusetts Credit Union Share Insurance Corporation (MSIC) was created to provide share and deposit insurance years before the National Credit Union Administration (NCUA) would create a National Credit Union Share Insurance Fund (NCUSIF). In 1991 MSIC converted from a primary insurer to exclusively insure excess shares and deposits. MSIC continues its mission today with 92 fully insured credit union members in the Commonwealth of Massachusetts.

Also known as: Massachusetts Credit Union Share Insurance Corporation