NCUA Deposit Insurance
A Message From Our President and CEO, Steve Cordisco
Dear Member,
Recent news about the stability of the banking industry after the collapse of Silicon Valley Bank and Signature Bank
over the past weekend may have members worried about their deposits here at ACCESS Credit Union. We'd like to
reassure everyone that your deposits are safe with us. We continue to have a strong balance sheet and capital.
We are not exposed to the same risks that larger banks are exposed to.
Also, we are pleased to inform you that your deposit accounts in this credit union are insured up to $500,000. This
exceptional level of coverage is attained through a combination of federal insurance provided by the NCUA and private
insurance from Excess Share Insurance Corporation (ESI) at no additional cost.
Thank you for being a member of ACCESS Credit Union, and if you have any questions, please feel free to contact us.
Sincerely,
Stephen Cordisco, CEO
ACCESS Credit Union
For more information about the NCUA deposit insurance, please visit their website: NCUA Insured Deposits FAQ