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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 a limit of $100,000. Additionally, Bay Area Credit Union provides up to an additional $250,000 of savings protection to each qualifying account through ESI.
For example, if you have two credit union savings accounts, a regular savings account and an IRA, each of these are 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 potential combined total coverage of $700,000.
ESTIMATE THE AMOUNT OF YOUR SHARE INSURANCE
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