Only at StagePoint!

We are Working for You to ensure your deposits are safe — and safer here than anywhere else in Wyoming.
We’re the only credit union or bank in the state offering Excessive Share Insurance. Your savings are now insured beyond NCUA Limits for up to $1,000,000 in total protection.

This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) and private insurance from Excess Share Insurance Corporation (ESI) at no cost to you. This increased insurance provides you with added security and reaffirms our commitment to your financial well-being and peace of mind.

First, NCUA’s basic federal coverage insures credit union members’ deposits up to $250,000. For details about federal deposit insurance, or how to structure your accounts to qualify for greater federal coverage, please see a StagePoint representative or contact NCUA.

Second, Qualifying Accounts* exceeding the $250,000 provided by NCUA are also insured up to an additional $750,000 by ESI.

ESI’S POLICY

To be eligible for excess coverage, the credit union must comply with ESI’s rigid underwriting standards. Also, ESI’s insurance policy requires that every quarter the credit union submit financial statements and a listing of accounts eligible for excess coverage in order to continue coverage. Individual policies are not provided to members, and there is no direct cost to you for this coverage. It is important to note that excess deposit insurance is payable only upon the failure and liquidation of the credit union. The credit union or ESI may terminate or modify this coverage, but in either case, you would be notified in writing of any change in the excess coverage.

ABOUT ESI

Headquartered in Dublin, Ohio, ESI is a wholly owned subsidiary of American Share Insurance, a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions. As a property and casualty insurer, ESI is subject to licensing and regulation by your state’s insurance department. Furthermore, the company’s financial statements are audited annually by an independent CPA firm and are available upon request through the credit union. ESI is not a federal or state government agency.

*Qualifying Accounts exclude Public Fund Accounts at StagePoint Federal Credit Union. Please see a credit union representative for details.