Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.
Understanding Share Insurance: What it is and what’s it’s purpose
As a credit union member, you may be familiar with the NCUA (National Credit Union Administration) logo or the statement “your deposits are federally insured by the NCUA.” However, if you’re not quite sure what that actually means for your assets, we’re here to clarify!
Federally insured credit unions, like Central State CU, are overseen by the NCUA and insured by the National Credit Union Share Insurance Fund (NCUSIF). What this means for you, is that your deposits are insured up to $250,000 and backed by the US government. This covers funds in a wide range of accounts including:
- Savings accounts
- Share drafts
- Share certificates
- Money market accounts
- Retirement accounts (IRAs)
- Trust accounts
It’s important to note that the $250,000 coverage limit is per depositor, per ownership account type, and per NCUA insured credit union. So, if you have a savings account and retirement account at the same credit union, each account would be insured up to $250,000. You can calculate your coverage in more detail with the Share Insurance Estimator tool. We’re also proud to share that there has never been a loss of insured savings by a member of a federally insured credit union – so you can feel confident when you save with CSCU.
Interested in learning even more? Check out mycreditunion.gov to find more information on share insurance today.
Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.
Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.
Central State Credit Union was established in 1936, providing low-cost financial services to state employees in San Joaquin, Stanislaus, Tuolumne, Amador, Solano, Alpine, Merced and Mariposa counties. Today, we are a Community credit union. If you live, work or worship in San Joaquin, Stanislaus, Tuolumne, Amador or Calaveras Counties you can become a member of CSCU.
For assistance, Please Call:
ONLINE SERVICES
QUICK LINKS
Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.
SPECIAL SERVICES
Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.
Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.
Third Party Link Disclaimer
You are about to leave Central State Credit Union’s web site. We have provided this link as a courtesy, but it is in no way an endorsement by Central State, and we are not responsible for its content. Please remember that when you leave our site, our Privacy Policy is no longer in effect. Once you visit another site, your web privacy and security is defined by that web site’s own policy.