Insurance Services
Your Money Is Safe At USPS FCU!
Have you seen the headlines? Are you worried about the
state of the economy? As a member of USPS FCU, you can
be sure your money is completely safe with us. “We’ve never
offered subprime loans so our members are not paying the
consequences for such poor lending decisions. We’re not out
to entrap people; we are here to empower people and make
them stronger. We make sure our members get only loans they
can afford. Taking seriously the Credit Union credo “People
Helping People,” we always strive to offer you the very best
rates on loans and savings.”
The economy of the United States is currently in a time of great
economic uncertainty. The real estate market is going through
some rough times, the value of the dollar is depreciating, gas
prices remain high and taxes have become a growing issue
of concern. These uncertainties equate to financial challenges
for everyone, including you – our members. It’s becoming
increasingly more difficult to get a mortgage and the high gas
prices are leaving many with an empty wallet.
During these economic hardships, we understand that our
members are looking for a financial institution where they feel
safe and secure when it comes to investing their hard-earned
money. USPS FCU is the perfect place for our members to
find shelter from the storm – your money is safe with us.
USPS FCU is a federal Credit Union, which means that all
money you deposit here is insured up to $250,000 by the
National Credit Union Administration (). The NCUA is
a federal agency that charters and supervises federal Credit
Unions and insures savings through the National Credit Union
Share Insurance Fund (NCUSIF), which is backed by the full
faith and credit of the United States government.
We also offer our members additional coverage up to
$250,000 through Excess Share Insurance Corporation (ESI).
This benefit covers up to $250,000, in addition to NCUA
coverage, and is provided at no cost to members.
If you have any questions regarding the safety of your money
at the Credit Union, please stop by or give us a call. An
employee will be more than happy to answer your questions
and explain your insurance coverage to you. We want you to
rest assured that your money is safe with us!
We never did – and never will – make sub-prime
loans to our members. We pride ourselves on
responsible lending and would never jeopardize
our members’ financial well-being by such risky
practices. Our members can rest assured that
their loans are straightforward, so you know what
you’re getting when borrowing from USPS FCU.
Excess Coverage: The Credit Union Advantage
Great rates and friendly service are just two good reasons to choose USPS FCU as
your primary financial institution. We'd like to give you another reason —
Excess Share Insurance coverage. A product unique to Credit Unions,
Excess Share
Insurance provides an additional $250,000 of protection above the federal
government's limit $250,000– a total of up to $500,000. Even better, the
coverage also protects up to an additional $250,000 over the government’s
$250,000 limit on IRA accounts – a total up to $500,000!
NCUA has increased their limit from $100,000 to $250,000 until December 31, 2013. That gives you a coverage up to $500,000.
This added protection is made available through our affiliation with the Excess
Share Insurance Corporation (ESI), a licensed property and casualty insurer.
ESI's extended coverage offers the convenience of maintaining all of your
savings at one financial institution without sacrificing insurance protection.
Visit the NCUA web site.
Credit Life and Accident & Sickness Insurance
USPS FCU also recommends considering Credit Life and
Accident & Sickness Insurance for your Credit Union loans. We offer it for
any loan at very reasonable rates. Follow the link to find out more.
Accidental Death & Dismemberment Insurance
As an eligible Credit Union member, you are entitled to receive a $2,000 coverage of Accidental Death & Dismemberment Insurance, at NO cost to you! Coverage is provided through
Dennis Lane & Associates based in Warren, MI. Your Credit Union pays the premiums. Additional
coverage is available at your expense, with the payments being automatically
withdrawn from your account. You can enroll at dlane.com. For more information call 800-346-8664.
Great American Insurance of Cincinnatti OH
Great American Insurance of Cincinnatti OH is a voluntary program we offer for your new or
used vehicle loan. This financial protection may cover the difference in the
balance on a car and its declared value in the event that it is damaged beyond
repair or stolen and never recovered.
No matter how terrific a car is, the minute you drive it out of the showroom it
is worth less. Depending on where you live, the established market value could
be less than the actual balance you owe on your car. With Great American Insurance of Cincinnatti OH, if your
car is a total loss, most or all of your deficiency may be covered. That includes the difference
between the market value of the car and the loan balance, less delinquent
payment, late charges, refundable warranties, and other coverage related
charges. It will also cover the deductible up to $1,000 if a
deficiency exists.
When you are applying for your auto loan, ask about Great American Insurance of Cincinnatti OH.
This protection is available through Balboa Insurance of Irvine, CA. If you have
questions, please call your USPS FCU office. We'll be glad to explain.
Providing Proof Of Auto Insurance?
USPS FCU requires proof of insurance on all auto loans. If you still need to
provide proof of insurance, choose one of the following ways:
- Call or have your agent call 1-800-523-6404
- Visit our verification website at www.myinsuranceinfo.com
- Fax a copy of your insurance policy to us at 1-866-319-1597
Please be sure your insurance agent has listed the Credit Union as the lien
holder, and has the Credit Union address as:
U. S. Postal Service FCU
7905 Malcolm Rd., Suite 311
Clinton, MD 20735
Credit Life and Accident & Sickness
Insurance
Help Protect Your Family’s Lifestyle --at a Rate You Can Afford!
Payment Protection can safeguard your family’s lifestyle -- and your peace of
mind. It’s financial help you can count on when you need it most. And it’s
convenient, economical, and easy to qualify.
Why Take The Risk?
Who will make your loan payments, if you can’t? That’s a worry you won’t have to
face with Credit Life and Accident & Sickness Insurance. If you die or become
disabled due to a covered illness or accident, your loan may be reduced or paid
off.
Eligibility
Complete questions on loan application.
No Additional Bills
Don’t worry about additional bills to pay; your premium will be included in your
monthly loan payment.
Rest Easy
With Credit Life and Accident & Sickness Insurance, you can rest easy knowing
your benefits will be paid in addition to any other insurance or company
protection you may have.
Act Today
Protect yourself and your family every time you borrow. Some limitations and
exclusions may apply. For details about coverage and costs see your Credit Union
representative today!
To find out more about Credit Life and Accident & Sickness Insurance, contact the Credit Union office.
Credit Insurance is underwritten and administered by:
Transamerica; (all states except CT, ME, NY)
Monumental Life Insurance Company; (all states except CT, ME) AUSA Life
Insurance Company, Inc.; and is available to Credit Union members only.
MEMBERS® Auto and Homeowners Program
You trust USPS FCU to provide you and your family with quality products and services to meet your financial needs. We've joined with a dedicated team of insurance professionals to bring you the MEMBERS® Auto and Homeowners Insurance Program.
- MEMBERS Auto and Homeowners is the property and casualty coverage solution preferred by the most credit unions and their members.
- Convenient e-service, pay your bill or make changes to your policy, even report a claim.
- Receive fast, easy access to claims service 24-hours a day.
- Obtain a free no obligation quote or locate an agent at the local Liberty Mutual sales office.
Click Here To Get Your FREE Quotes!
The MEMBERS Auto & Home Insurance Program is underwritten by leading insurance companies, including Liberty Mutual Insurance Company and its affiliates, 175 Berkeley Street, Boston, MA. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.
LifeHelp: Life Insurance For Credit Union Members
LifeHelp has been introducing Ameria's credit union members to coverage from leading life insurance companies for years. Through your credit union membership, you will be able to find life insurance that fits you and your families needs, at a members-only rate. Click here for more information.