Insured Deposits
Your savings and investments at Massachusetts State Employees Credit Union are insured in full against loss. That's right, all share or deposit accounts are insured by the National Credit Union Administration (NCUA), a United States Government Agency, for up to $100,000. In addition, any amount exceeding this is insured in full, up to legal limitations, by the Massachusetts Share Insurance Corporation (MSIC). Now that's security that provides peace of mind.
Credit Disability Insurance
In the event you become totally disabled by sickness or an accident, credit disability insurance pays your loan payments up to the policy maximum. The premium for this service is added to your regular loan payments. For full policy details ask a MSECU Loan Representative.
Credit Life Insurance
For a low monthly fee added to your loan, credit life insurance pays the insured balance of your loan, up to the policy maximum, in the event of your death. This ensures your family will not be left with your loan debt. Ask your MSECU Loan Representative for details on your next visit
Life Savings Insurance
This benefit is provided for all Massachusetts State Employees Credit Union members at no direct member cost. Please ask for a certificate for full details on your coverage |