Your funds are insured up to $500,000
At Oklahoma Community Credit Union we offer you double coverage to insure your funds. This is a Member benefit for all our Member’s deposit accounts. No forms needed to receive the coverage over and above what the NCUA gives you. Simply become a member and Oklahoma Community will cover your deposits up to $500,000.
National Credit Union Administration – NCUA
All Oklahoma Community Credit Union members receive up to $250,000 of coverage by the National Credit Union Administration. Federally insured credit unions offer a safe place for credit union members to save money. All deposits at Oklahoma Community Credit Union are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor. Credit union members have never lost a penny of insured savings at a federally insured credit union. Additional information on NCUA share insurance coverage and other credit union facts can be found at mycreditunion.gov.
Excess Share Insurance – ESI
In addition to the NCUA coverage, Oklahoma Community Credit Union offers all members double coverage. That’s right! An additional $250,000 coverage is provided to our Members. At Oklahoma Community, Members have a peace of mind that all of their funds are insured up to $500,000. Our partnership with Excess Share Insurance (ESI) is just one of the many benefits of being a credit union member. Read more about ESI.
Take a look at what your deposit insurance will be:
| Account Type | NCUA Coverage | ESI Coverage | Total Insured |
|---|---|---|---|
| Individual | $250,000 | $250,000 | $500,000 |
| Joint* | $250,000 | $250,000 | $500,000 |
| IRA | $250,000 | $250,000 | $500,000 |
* All joint accounts held by the same member are added together and insured up to $250,000.00 by the NCUA and an additional $250,000 by ESI, for a total of $500,000. Joint accounts are insured separately from individual and IRA accounts.
Still Have Questions?
- Call us at 405.743.3328
- Email us at support@okcommunitycu.com
(do not send account information or private data through this email.
Login to online banking for a secure email address for delivering confidential information.) - Visit our website at okcommunitycu.com
- or contact our Deposit Insurance Specialist via email: brussell@okcommunitycu.com