Share Insurance Program
As a member of the Credit Union, you are automatically enrolled in the Share Insurance Program .
This benefit is paid by the Credit Union for your financial well-being, with a maximum benefit of three thousand ($3,000.00) dollars.
This benefit applies to Shares only.
The amount of coverage is based on the balance of your Share account as shown below:
Date of birth to 6 Mo. 25% 6 Mo. to 54 Yrs. 100% 55 Yrs. to 59 Yrs. 75% 60 Yrs. to 64 Yrs. 50% 65 Yrs. to 69 Yrs. 25% 70 Yrs. and Older 0%
EXAMPLE
If you have $3,000.00 on deposit in another financial institution, and you become deceased, your beneficiary is entitled to the $3,000.00 on deposit. However , if you deposit the amount of $3,000.00 to your Share account with the Credit Union and become deceased, your beneficiary would be entitled to $6,000.00. ($3,000.00 on deposit, plus $3,000.00 from our insurance company - CUNA Mutual)
The Credit Union files the "claim" and handles all the paperwork with the insurance company upon receipt of a "certified" copy of the death certificate.
The balance of your Share account and age will determine the amount of your claim.


"CALCULATORS"
By clicking on "Calculators" at the top left side of each web page you can calculate:
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