The National Credit Union Administration's (NCUA) Share Insurance Estimator lets consumers, credit unions, and their members know how its share insurance rules apply to member share accounts, including what's insured and what portion (if any) exceeds coverage limits. When using this tool, you will want Bay Federal's insurance number, which is 12067.
The Share Insurance Estimator calculates, and reports, share insurance coverage for Personal Account and Business Accounts. Personal accounts include shares held by credit union members in single accounts, joint accounts, revocable trust accounts including both Payable on Death/In Trust For (POD/ITF) accounts and living trust accounts, and Individual Retirement Accounts (IRAs). Business Accounts are shares held by credit union members that are corporations, partnerships, and organizations, both for-profit and not-for-profit.
If you need assistance using and understanding the calculator, we would be happy to help you assess your coverage and specific needs, including account structure and beneficiaries. Visit any of our branches
or call our Member Service Center at 831.479.6000
or toll-free at 888.4BAYFED
, option 3.