Yes, your money is very safe. Deposits Insured Up To $500,000.
Within the last year or two we have all read news headlines focusing on the “financial bailout” …and you may find yourself questioning the soundness of financial institutions.
As a member of Education First Credit Union, you are also an owner of the credit union. We are pleased to inform you that your money is safe and sound here at Education First Credit Union. We go above and beyond to make sure your money is extra-secure. How do we do this?
We provide our members with additional insurance above what the government provides. The federal government has your funds with us insured up to $250,000. The insurance we buy from Excess Share Insurance Corporation (ESI) adds an additional $250,000 making your deposits with us insured up to $500,000. Education First Credit Union also makes smart loans every day thus reducing our risk of loss. The loans we make are in the best interest of our members / owners.
Education First Credit Union can report with assurance that your money is exceptionally safe with us. We work hard to protect your earnings. Thank you for allowing us to serve you. If you would like additional information, please do not hesitate to contact us.