PEFCU SHARE INSURANCE

Rest easy, your deposited funds are safe with your credit union.
As a PEFCU member, your funds are federally insured by the National Credit Union Administration (NCUA) up to $250,000 and also through Excess Share Insurance (ESI), a private insurance company that offers additional coverage that is available to only financially secure credit unions. This is a great benefit provided by PEFCU to all our members.
The recent actions taken by NCUA will not impact our ability to meet all your financial needs. We value your trust and are committed to serving as your financial partner for life.
To review a response from our CEO on this action, please click here.
For more detailed information about how your funds are insured, click on the links below to download PDF documents for more information.
- May 2009 Lobby Financials
balance sheet and income statement for the period ending May 31, 2009- 2008 PEFCU Annual Report
consolidated financial statements through December 31, 2008- How Your Accounts Are Insured
by the NCUA (National Credit Union Administration)- Information About Your Increased Share Insurance
by the ESI Corporation (Excess Share Insurance Corporation)- CNN Money Article Addressing the NCUA Actions
a blog entry from CNN Money