More safety than most banks!
Each member can receive up to $350,000 (per vesting) in share deposit insurance, far more than most financial institutions! Your money is federally insured for up to $100,000 by the National Credit Union Share Insurance Fund (NCUSIF), with an additional $250,000 coverage by American Share Insurance (ASI), a private insurer, for the total amount of share certificates per vesting (note: other types of deposit accounts are insured solely by the NCUSIF for up to $100,000 per vesting).

Increased Federal Insurance with Trust Accounts
By changing the vesting of your trust from single owner to two trustees, you can double your federal insurance (NCUSIF) on the account. Even more, a family of four can increase its federal insurance from $400,000 (as individuals) to $600,000 with a revocable trust. This is all in addition to other coverage.

Because trust accounts typically have several trustees and beneficiaries, insurance levels are higher. Each trustee receives $100,000 in coverage, plus each beneficiary receives $100,000 for each trustee. See the following example:

Family of Four with Individual Accounts
Husband $100,000
Wife $100,000
Child #1 $100,000
Child #2 $100,000
Total Federal Insurance Coverage $400,000

Family of Four with a Revocable Trust Account
Husband as Trustee of wife $100,000
Wife as trustee of husband $100,000
Child #1 as beneficiary of husband $100,000
Child #1 as beneficiary of wife $100,000
Child #2 as beneficiary of husband $100,000
Child #2 as beneficiary of wife $100,000
Total Federal Insurance Coverage $600,000

The information above is provided as an example. Please see a First Financial representative at your nearest branch office for specific information.

First Financial is federally insured by NCUA.