Frequently Asked
Questions
Extended Insurance Accounts* are a unique product that offers access to millions in extended federal deposit
insurance through financial institutions in the ModernFi Network.
The Extended Insurance Accounts* is designed to not only safeguard your funds with extended federal deposit
insurance, but also to help your money grow through competitive interest rates. With this account, you
can maximize your deposit insurance coverage while enjoying the same access to your funds as a
regular checking or savings account.
ModernFi is a network of credit unions that Your Credit Union has joined to help better protect your balances by distributing funds across partner credit unions to offer extended NCUA share insurance.