NCUA Share Insurance

All of our deposits are insured up to $250,000 by NCUA, the National Credit Union Administration. Many credit unions in the United States use NCUA’s share insurance, which is backed by the full faith and credit of the US government.

If you have a joint on your account, you each have coverage of at least $250,000. This insurance isn’t something you have to opt in for, we do it automatically on every ECCU account, regardless of the deposit size.

Unlike most banks, ECCU is member-owned, meaning each account holder is a partial owner of the credit union. Our Board of Directors is compromised of members, is member-elected, and is entirely volunteer-based. Our Board oversees the credit union financials and operations, to ensure everything is being managed in the best interest of the membership. All financials are reported to NCUA quarterly, and reviewed with members annually. You can review the most recent Annual Report at any time.

Additional Share Insurance

ECCU deposit accounts are covered up to $250,000 per ownership type. Additional deposit coverage can be achieved by additional accounts and/or added beneficiaries. Our knowledgeable staff  will work with you to determine the best account structure for your needs to achieve maximum coverage.

NCUA has an estimator tool that you can use to see coverage on each of your credit union accounts. Click the link below and input your info to get an estimated insurance report.


Excess Share Insurance

ECCU is one of the few financial institutions in the Houston-metro area that can provide coverage above the NCUA limits via our partnership with Excess Share Insurance Corporation (ESI).  With the right account structure, combined with ESI, members can protect up to $1,750,000 or more in deposits, based on certain conditions.

Use the form below to learn more about this exclusive offer at no cost additional cost to our members.