Increased Insurance Coverage

Adding to Your Security:
Your Savings are Insured up to $500,000

• The first $250,000 per member is insured by the National Credit Union Administration (NCUA), a U.S. Government Agency.
  
  
• An additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation. 

Individual accounts are insured up to $500,000.

Deposit Insurance

Single: 250k NCUA + 250k TFCU additional insurance = $500,000 cumulative for all checking, share, certificate and money market accounts.

Joint: 250k NCUA per member, 250k TFCU additional insurance per joint = $1,000,000 cumulative for all checking, share, certificate and money market accounts.

Trust Insurance
Beneficiaries - $250k NCUA per beneficiary + 250k TFCU additional insurance per beneficiary = $500,000 per beneficiary

IRA Insurance
$250k NCUA + $250K TFCU additional insurance = $500,000 per member (individual only and applies whether 1 IRA or 10 are held at CU).