Community Service Credit Union

Deposit Insurance

NCUA Insurance

New, increased federal deposit insurance coverage

The share/deposit insurance at CSCU is provided by the National Credit Union Share Insurance Fund (NCUSIF), a U.S. Government insurance fund. The NCUSIF insurance is similar to the deposit insurance provided by the Federal Deposit Insurance Corporation (FDIC). Share accounts in federally insured credit unions are insured to at least $250,000. Generally, if a credit union member has more than one account in the same insured credit union, those accounts are added together and are insured up to $250,000, however, there are ways to structure account ownership to gain more insurance through the NCUSIF.

Additionally, IRA funds are insured separately from other accounts. IRA accounts are insured separately for up to $250,000 per account.

If you are concerned with gaining additional insurance, the NCUA Insurance booklet gives a more detailed explanation of insurance coverage. Please contact us if you would like one of these sent to you. Or click here for more information:

Excess Share Insurance Corporation

CSCU is pleased to provide additional share/deposit insurance protection for our members through:

Excess Share Insurance
5656 Frantz Road, Dublin, Ohio 43017
Phone 614-764-1900 Fax 614-764-1493
800-521-6342 National WATS

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

Your accounts are currently insured to a limit of $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. Please see your credit union personnel for details about this federal insurance.

Additionally, your board of directors has chosen to provide up to an additional $250,000 of savings protection to each qualifying account through ESI.

ESI's Excess Share Insurance Coverage applies to any CSCU account currently subject to the maximum level of $250,000 in coverage provided by NCUA. To receive ESI's added insurance, we must file required reports, and pay monthly premiums to ESI.

ESI's Excess Share Insurance is limited only by the number of accounts NCUA insures.

For example, if you have two credit union savings accounts, a regular savings account and an IRA, each of these is covered separately by federal insurance up to $250,000. Each would also be eligible for ESI's Excess coverage of $250,000. Your accounts, therefore, would have a combined total coverage of $1,000,000.

ESI insures only credit unions.

Operating nationally, the ESI has taken great care to maximize the geographic and occupational diversity of its membership. This diversification, combined with sound insurance principles, offers its members greater security in time of regional economic downturns.

Excess Share Insurance is available only to qualifying credit unions meeting rigid underwriting requirements and providing monthly financial information to ESI, including a listing of members qualifying for this added insurance.

Either the credit union or Excess Share Insurance can terminate this coverage, but in either case ESI requires that you be notified of any change in the insurance on your accounts.

If you are uncertain about either the nature or amount of your savings insurance protection, please contact your credit union. You are also welcome to write or call Excess Share Insurance directly. Or visit for more information.

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936.295.3980|250 FM 2821 RD W, Huntsville, Texas 77320

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