As an Innovations member, you've made a smart choice for your financial future!
Excess Share Insurance
To further protect our members' accounts, we provide the highest combination of federal and private share savings deposit insurance available: $500,000, which includes savings accounts, checking accounts, money market accounts, and share certificates.
This exceptional level of protection is automatically added to your account at no cost to you and made possible through our affiliation with the Excess Share Insurance Corporation (ESI), a subsidiary of American Share Insurance, the nation's largest private deposit insurer.
| 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 |
| Business | $250,000 | $250,000 | $500,000 |
Both ESI and NCUA offer coverage payable only upon failure and liquidation of the credit union.
We're here to help secure your savings! Visit our branches or call us at (850) 233-4400 for more information.