Types of Insurance
The Credit Union makes available several types of insurance coverages. Some are automatic, no-costs coverages; others are “member pay” options. Here is a brief overview of what is offered:
Deposit Account Insurance
Each members' deposits are federally insured up to $250,000 per person to protect funds on deposit should the Credit Union become insolvent. Coverage for IRA accounts is insured separately from regular funds and covers your IRA accounts up to $250,000 total also. This insurance coverage is at no cost to the member. For more information on NCUA coverages, click the NCUA logo.
EPB Employees Credit Union, through CUNA Mutual Group, has partnered with TruStage Insurance Agency to provide insurance coverage for you, your home and auto. Credit Union members can find “one-stop-shop” insurance fulfillment by checking out all the coverages that TruStage has to offer. Property and casualty coverages are underwritten by leading insurance companies, including Liberty Mutual and Esurance. This is member pay coverage. If you obtain a secured loan through the Credit Union, insurance coverage will be required. For more TruStage information, click on the icon at left.