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Excess share insurance information for members of credit unions insured by the National Credit Union Share Insurance Fund administered by the National Credit Union Administration (NCUA).

Step 1: Determine if your credit union has ESI insurance

Not every credit union qualifies for ESI’s unique excess share insurance program. To be insured by ESI, a credit union must first satisfy ESI’s strict underwriting standards then subject itself to mandatory quarterly reporting, on-going monitoring and field examination by ESI. To determine if your credit union currently has ESI excess share insurance, first check our map of states of operation to assure the availability of our program in your state, then contact us for confirmation regarding your specific credit union.

Step 2: Determine how much federal insurance you have

The collective savings accounts of members of federally insured credit unions are generally insured to $250,000 per member. Federal share insurance offers many other alternative approaches to maximizing your federal share insurance coverage. To better understand ESI’s coverage, first review the federal insurance coverage available to individual members by using the NCUA Share Insurance Estimator.

Step 3: Determine how much ESI coverage you actually have

Generally, ESI’s excess share insurance provides coverage in an amount of up to $250,000 per insured account as defined by Title II of the Federal Credit Union Act and Regulations established by the NCUA, subject to the limits set forth under such law and regulations. Coverage may be less than $250,000, or further limited by account class through ESI’s contract with your credit union. To determine the nature and extent of the excess insurance coverage at your credit union, please contact the credit union directly or contact us.

All credit unions are subject to either state or federal licensing and regulation and operate in a safe and sound manner with their members’ best interest in mind. All federally chartered credit unions, and many state-chartered credit unions, are federally insured by the NCUA; whereas, state-chartered credit unions in nine states may be insured by the NCUA or American Share Insurance (ASI), a credit union-owned private insurer of credit union savings. For more information on ESI’s coverage in a credit union insured by ASI, click here.



Security When You Need It
Don’t believe you’ll ever need the benefit of excess share insurance? You might be surprised. Your deposits can go up very suddenly — in the case of inheritance, for example, or the sale of a home or business.

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