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The nation's largest provider of excess share insurance to credit unions since 1993. 
     
Our excess share (deposit) insurance helps protect the hard-earned savings of credit union members throughout the United States. 

This unique program provides up to an additional $250,000 of insurance once a credit union member's balance exceeds the coverage provided by their primary share insurer.   

 

ESI is safe and sound as are your credit union savings.
Members of credit unions insured with excess share insurance can take great comfort in knowing that their savings are safe, sound and protected by a well-capitalized insurance fund.
 
The recently passed $700 billion Federal bailout legislation designed to aid investment firms, insurance companies, banks, thrifts and credit unions, has left many credit union members asking questions about the safety of their savings.  In response, ESI has developed  a summary of highlights explaining our program and how it protects your credit union deposits.

Click here for more details on excess share insurance.

*IMPORTANT NOTICE:
Under the Emergency Economic Stabilization Act of 2008, federal share insurance for select deposit accounts was temporarily increased from $100,000 to $250,000 per member on October 3, 2008. This temporary increase in coverage is to expire December 31, 2009. IRA coverage remains at $250,000 per member. 


          

Consumer
For Credit Union Members
Credit unions that offer excess share insurance allow you to maintain much higher balances at the credit union and still have the security you deserve. Learn how excess share insurance helps insure your savings.

Industry
For Credit Union's Considering
Excess Share Insurance
Stand out in the crowded financial services market.  ESI's excess share insurance is cost effective, easy to implement, and available exclusively to credit unions. Learn what makes ESI the industry leader.





What's New
• Holiday Office Hours 
Excess Share Insurance Corporation (ESI) offices will be closed for the Independence Day holiday on Friday, July 3. Normal office hours will resume on Monday, July 6.


• Double Your Coverage with ESI 
Credit unions can gain a competitive advantage over local banks and other financial institutions by offering the highest level of deposit insurance coverage available. Give your members added security -- by providing excess insurance from ESI, you can inexpensively add up to $250,000 of additional coverage to each account of your members, thereby raising their total combined coverage to $500,000. For more information about this additional coverage, contact ESI at 800.521.6342 (ext. 102).


• ESI Annual Reports Mailed 
The Excess Share Insurance Corporation (ESI) 2008 annual report has been sent to all insured credit unions. Consumer financial brochures were also included with the mailing. Policyholding credit unions can order additional copies of the financial brochures and/or download the annual report from the Policyholder section of the ESI website.







© 2009 Excess Share Insurance. All rights reserved.