Protecting your savings with the highest level of security available is one of our major objectives. That is why we combine your federal deposit insurance coverage with excess deposit insurance protection from Excess Share Insurance (ESI), the nation’s largest private deposit insurer.

Your accounts are currently insured to a limit of $100,000 by the National Credit Union Administration (NCUA), an agency of the federal government. Please see us for details about this federal insurance.

Additionally, your board of directors has chosen to provide up to an additional $250,000 of savings protection to each qualifying account through ESI.

ESI’s Excess Deposit Coverage applies to any credit union account currently receiving the maximum level of $100,000 in coverage by NCUA. To receive ESI's added insurance, we must file required reports and pay monthly premiums to ESI.

ESI's Excess insurance is limited only by the number of accounts NCUA insures.

For example, if you have two credit union savings accounts, a regular savings account and an IRA, each of these is covered separately by federal insurance up to $100,000. Each would also be eligible for ESI’s Excess coverage of $250,000. Your accounts, therefore, would have a combined total coverage of $700,000.

ESI is a credit union share guaranty fund owned by its member credit unions. It was founded in 1974 and insures only credit unions.

Operating nationally, the company has taken great care to maximize the geographic and occupational diversity of its membership. This diversification, combined with sound insurance principles, offers its members greater security in times of regional economic downturns.

Excess insurance is available only to qualifying credit unions meeting rigid underwriting requirements and providing monthly financial information to ESI, including a listing of members qualifying for this added insurance.

Either the credit union or Excess Share Insurance can terminate this Excess Coverage, but in either case, ESI requires that you be notified of any change in the insurance on your accounts.

If you are uncertain about either the nature or the amount of your savings insurance protection, please contact us at Financial Center. You are welcome to e-mail, write, or call Excess Share Insurance.

EXCESS SHARE INSURANCE
5656 Frantz Road, Dublin, Ohio 43017
614.764.1900 or 800.521.6349
Fax: 614.764.1493
Website:  www.excessshare.com
E-Mail:  mail@excessshare.com

Excess Share Insurance is not a government agency.