The National Credit Union Administration (NCUA) offers an online share insurance calculator. With the calculator, credit union members can verify that the funds they have on deposit are insured.*
To use the Share Insurance Calculator, enter basic information such as your name, account names (or nicknames, i.e. "savings" or "checking"), account types, balances, etc. When all information is entered, press the “Calculate” button. The calculator will produce an easy-to-read report that can be saved or printed. (Tip: Use the "Printable Report" button at the bottom of the page to print.)
How deposited funds are insured also depends on how the accounts are structured. For example, individual accounts are insured separately from joint accounts, as are IRAs. If you're confused by all of this, don't worry! You can always call or drop by your favorite branch. We'd be happy to help you make sense of share insurance.
*The calculator estimates federal share insurance through the NCUA, and does not include additional share insurance maintained through ESI (Excess Share Insurance, Inc.) for Coosa Pines FCU members. If the calculator shows that a portion of your funds are not insured, those funds may be insured through ESI. Please contact your local CPFCU branch for a personalized breakdown of how your deposits are insured.