Helping to Protect Your Assets
As a member, you are trusting us with your money. We appreciate and respect that trust. That’s why our deposit insurance is provided by the National Credit Union Administration (NCUA). The NCUA carries the full faith and credit of the federal government. It's the kind of deposit insurance currently carried by the largest credit unions in the country. Through NCUA, your aggregate non-IRA savings deposits will be insured up to $250,000, and your aggregate IRA deposits will be insured up to $250,000.
Additional Coverage for Our Members
We also carry additional coverage through Excess Share Insurance Corporation (ESI), which means all account relationships will be insured up to an additional $250,000. ESI is the highest level of share insurance coverage available without any direct cost to you. ESI is exclusive to credit unions, and Avadian is proud to be one of the few credit unions in the state that offer it. However, if you require coverage greater than what we currently offer, you may be able to arrange your accounts to maximize the coverage available. At Avadian, we don’t always take life too seriously, but we do take your money, your goals, and your future very seriously.
If you have any questions regarding deposit insurance coverage or the insurance protection offered by Avadian, please contact Member Services at 1.888.AVADIAN (1.888.282.3426). For more information on NCUA, visit their website at www.ncua.gov. For more information on ESI, visit their website at www.excessshare.com.