The Commonwealth Credit Union Difference
Insured by NCUA
Commonwealth Credit Union is federally insured by the National Credit Union Administration (NCUA), an agency of the federal government. This agency insures your savings through the National Credit Union Share Insurance Fund (NCUSIF). All accounts are insured up to $250,000 per member. The NCUSIF is the strongest federal deposit insurance fund in the nation. Always look for the NCUA seal.
And, also insured by ESI
Commonwealth Credit Union Certificates, IRAs, and Money Market accounts are also insured an additional $100,000 by the Excess Share Insurance Corporation, a wholly-owned subsidiary of American Share Insurance, the nation's largest private deposit insurer. ESI insures only credit unions meeting the highest standards. This insurance is provided free to all Commonwealth Credit Union members.