Your Insured Deposits are Secure

We understand recent financial news may have you looking for more information about how California Coast Credit Union insures members' deposits.

California Coast's member deposits are insured by the National Credit Union Administration (NCUA). The NCUA is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States government.

With the passage of the Emergency Economic Stabilization Act of 2008, member's deposits are now insured up to at least $250,000 and up to $250,000 for certain retirement accounts. Please refer to this website for more information on how the insurance is calculated.

NCUA Share Insurance Estimator


All funds in a "noninterest-bearing transaction account" are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules.

The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal ("NOW") account, money-market deposit account, and Interest on Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, visit

It's important to note that not one penny of insured savings has ever been lost by a member of a federally insured credit union.

California Coast Is Your Safe Harbor

Rest assured, California Coast is a financially sound, well-capitalized credit union which means we have substantial funds set aside in reserves as an additional protection for our members.

As of December 31, 2013, our capital ratio is 11.17% which is well above the 7% level Federal regulators consider to be well capitalized.

In addition, we have not originated any sub-prime loans.

Please feel free to call us at (877) 495-1600 if you have additional questions or would like to review your accounts.

Additional Information on the NCUA

NCUA Consumer Assistance Center
Share Insurance Tool Kit