Share Insurance

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 (NCUA) coverage with excess deposit insurance protection from Excess Share Insurance (ESI), a subsidiary of American Share Insurance, the nation's largest private deposit insurer.

The National Credit Union Association, an agency of the federal government, insures your accounts to at least $100,000. Traditional and Roth IRA's are insured up to $250,000 by NCUA.

Additionally, Bay Area Credit Union provides up to an additional $250,000 of savings protection to each qualifying account through Excess Share Insurance, ESI.

For example, if you have a credit union savings account, and an IRA, the savings is covered by federal insurance up to $100,000, and the IRA up to $250,000. Each would also be eligible for ESI's Excess coverage of $250,000. Your accounts, therefore, would have potential combined total coverage of $850,000.

Estimate the amount of your federal share insurance.