Deposit Insurance



Your savings in Central Credit Union are insured up to $500,000. This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) up to $250,000 and private insurance by the Excess Share Insurance (ESI) Corporation up to $250,000. In addition, your IRA funds are insured separately for a total of $500,000 ($250,000 by NCUA and $250,000 by ESI). Additional information regarding your deposit insurance can be obtained by contacting Member Services.


Deposits in a “non-interest-bearing transaction account” are insured in full through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available under the NCUA’s general share insurance rules. However, for purposes of share insurance coverage, Central considers all transaction accounts (except the Plus checking account) to be interest-bearing. As such, these accounts are excluded from the unlimited temporary insurance coverage.