NCUA Insured

How Your Accounts Are Insured Federally & Through ESI

Your deposit accounts at Bangor Federal are insured up to $500,000 through the exceptional combination of federal insurance, provided by the National Credit Union Administration, and private insurance from Excess Share Insurance Corporation!

What is the NCUA?

The National Credit Union Administration, commonly referred to as NCUA, is an independent agency of the United States government that regulates, charters, and supervises federal credit unions. NCUA also operates and manages the National Credit Union Share Insurance Fund (NCUSIF). Backed by the full faith and credit of the U.S. government, the NCUSIF insures the accounts of millions of account holders in all federal credit unions and the vast majority of state-chartered credit unions.

How Do I Know That Bangor Federal Credit Union is Federally Insured?

We are required by the NCUA to indicate our insured status in all advertising and also display the official NCUSIF insurance sign in our offices, drive-thru, and branches.

Coverage Limits

The standard share insurance amount is $250,000 per share owner, per insured credit union, for each account ownership category. The $250,000 standard share insurance account became permanent through the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The NCUA Insurance Estimator

The NCUA Electronic Share Insurance Estimator is available to help members better understand the protection offered by the NCUSIF. This interactive site allows users to input data to compute the amount of NCUSIF coverage available under different account scenarios. This resource is available at

ESI Excess Share Insurance logo

In addition to NCUA insuring your deposits at Bangor Federal Credit Union up to $250,000, we also carry additional coverage through Excess Share Insurance Corporation (ESI), which means all accounts will be insured up to an additional $250,000. That's a total of $500,000 in deposit insurance for each and every one of our members.

ESI is the highest level of share insurance coverage available without any direct cost to you. ESI is exclusive to credit unions, and we here at Bangor Federal Credit Union are proud to be one of a handful of institutions in our state to offer this exceptional coverage.

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Checking Accounts

At Bangor Federal, our members come first. With several options to choose from, including Premium & Plus Checking with top tier rewards, you can have the checking account that best suits your lifestyle.

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