Excess Share Insurance

Excess Share Insurance (ESI)

Extra Protection for Your Deposits

At Lincoln Maine Federal Credit Union, your peace of mind matters. That’s why we offer Excess Share Insurance (ESI) – an added layer of protection that extends your deposit coverage well beyond the standard federal insurance limit.

With NCUA insurance and ESI combined, eligible deposits may be protected up to $1,000,000 per member, per account ownership type.

How Your Deposit Coverage Works

Your deposits at Lincoln Maine FCU are protected through a combination of federal and excess insurance:

NCUA Insurance

  • Covers deposits up to $250,000

  • Backed by the National Credit Union Administration (NCUA)

Excess Share Insurance (ESI)

  • Provides additional coverage up to $750,000

  • Applies to eligible balances that exceed NCUA limits

Total Coverage

Up to $1,000,000
per member, per account ownership type (such as individual, joint, or IRA accounts)

What Is Excess Share Insurance?

Excess Share Insurance is an added level of deposit insurance available to members of participating credit unions.

ESI is provided by Excess Share Insurance Corporation, a private insurer that specializes in covering credit union deposits beyond federal limits. This additional coverage helps protect larger balances and offers extra confidence for members with higher deposit amounts.

Why Lincoln Maine FCU Offers ESI

We believe our members deserve more than the minimum. ESI allows us to:

  • Offer greater protection for higher deposit balances

  • Provide additional peace of mind beyond federal insurance

  • Reinforce our commitment to long-term financial security

Which Accounts Are Covered?

Coverage applies to eligible deposit accounts and is based on account ownership type, not just the total balance.

Examples may include:

  • Individual accounts

  • Joint accounts

  • IRA accounts

Wondering what that means for your accounts? Our team is happy to help you understand how your accounts are structured.

Want to Learn More?

If you have questions about your coverage or would like help reviewing your accounts, we’re here to help.

Contact us today
Call us at 207-794-6623

Important Disclosure

Deposits at Lincoln Maine Federal Credit Union are federally insured up to $250,000 by the National Credit Union Administration (NCUA). Deposits exceeding NCUA coverage may be insured up to an additional $750,000 by Excess Share Insurance Corporation (ESI), for a total of up to $1,000,000 per member, per account ownership type. Excess Share Insurance Corporation is not a federal or state government agency. For details about federal deposit insurance coverage or how to structure your accounts to qualify for greater coverage, please contact Lincoln Maine FCU or visit NCUA.gov.