Deposit Insurance

Q: How much of my money is insured at CCCU?

Your money at CCCU is insured to at least $500,000 on qualifying accounts, with NCUA and ESI coverage combined. Your exact total depends on how your accounts are owned.

Q: What's the difference between NCUA and ESI coverage?

The difference between NCUA and ESI coverage is that the NCUA is the federal agency that insures your first $250,000, while ESI is a licensed private insurer that covers an additional $250,000 on qualifying accounts.

Q: What isn't covered by deposit insurance?

Deposit insurance from the NCUA doesn't cover stocks, bonds, mutual funds, annuities, or life insurance, even when you buy them through a credit union, and it doesn't cover what's inside a safe deposit box.

Q: Is credit union insurance as strong as bank insurance?

Credit union insurance is as strong as bank insurance, because NCUA insurance is backed by the full faith and credit of the United States government and works similarly to FDIC protection. ESI's extra layer is private and isn't federally backed.

Save With Two Safety Nets

Count on $500,000 in combined federal and private coverage on qualifying CCCU accounts.

Federal Insurance and an Extra Layer

National Credit Union Administration (NCUA)

Rely on at least $250,000 in coverage backed by the U.S. government.

Excess Share Insurance (ESI)

Receive another $250,000 on qualifying accounts through a licensed private insurer.