Insurance
Share Deposit Insurance
The shares in your credit union are insured by the National Credit Union Share Insurance Fund (NCUSIF). This fund is managed by the National Credit Union Administration (NCUA), an independent agency of the United States Government. Share accounts are insured up to $100,000, an amount equal to the insurance protection offered by the FDIC and FSLIC.
Credit Life Insurance
This optional life insurance coverage reduces or pays off your eligible loan balance should you die before paying off your loan. Coverage is available on an individual or joint basis, up to a maximum benefit of $30,000.
Life Savings Insurance
This is life insurance coverage on the share savings account. The insurance covers the member whose name appears first on the account. Maximum benefit is $3,000. Once again, the credit union pays the premium on this group coverage and there is no direct charge to the member.
Credit Disability Insurance
This optional disability insurance is available to eligible borrowers. Upon eligibility, monthly benefits will be paid to the credit union on the member's behalf in an equal amount to the monthly loan payment, up to a maximum of $600 per month.
Share Insurance Estimator Link
Click here to help you understand your share insurance protection