On the bottom of every EECU web page and on many EECU advertisements and documents, you'll find either the NCUA logo or the line "Insured by NCUA" or "Federally Insured by NCUA".
These mean that your deposits at EECU are federally insured by the Share Insurance Fund, which is administered by the National Credit Union Administration (NCUA), and backed by the full faith and credit of the U.S. government.
Deposits at all federal credit unions and the vast majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund (NCUSIF) protection. This means your deposits are insured up to the standard maximum share insurance amount of $250,000. Deposits in Individual Retirement Accounts (IRAs) are insured separately up to $250,000. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.
So you can rest easy, knowing that your funds are safe!
Share Insurance Estimator
Do you have questions about your coverage? Click the "Share Insurance Estimator" button to better understand how your deposits are covered.
Share Insurance Estimator
You can also watch the video below for more information using the Share Insurance Estimator.
To complete the Share Insurance Estimator, you’ll need to know how your accounts are organized based on the type of ownership. These ownership categories are: Individual, Joint, Retirement, and Trust. You can watch the video below for more information about types of account ownership.
For More Information
Still have questions? To learn more about NCUA Share Insurance Coverage, visit
mycreditunion.gov