ESI Share InsuranceWe are pleased to inform you that member share savings in this credit union are protected up to $500,000—the highest level of combined federal/private share savings insurance available. This coverage has become available through the addition of excess coverage from the Excess Share Insurance Corporation (ESI). ESI provides $250,000 in coverage on top of the federal government’s $250,000. And because Individual Retirement Accounts (IRAs) are insured separately, they are now protected up to $500,000 as well. ESI is a wholly owned subsidiary of American Share Insurance (ASI), the nation’s largest private deposit insurer, and insures only credit unions meeting its high standards. If you would like more information about share savings insurance on your accounts, please contact us. |