How secure is our money?
The concept of the Pool was developed specifically with security in mind:
All Pool accounts operate by a security coded SNA form and are actioned by the Credit Union according to that form
There is no internet or phone banking capability attached to any Pool account
All transactions are by EFT
There are no cash transactions
Individual member's status in the Pool is constantly monitored. Claims are verified for authenticity throughout the life of the claim.
Each Pool is subject to periodic and random audits
