LLCU WEBSITE ADMINISTRATION POLICY
YOUR RIGHT TO FINANCIAL PRIVACY
You can be confident that your financial privacy has always been a top priority at Land of Lincoln Credit Union. We are required by law to provide you with our privacy notice to explain how we collect, use and safeguard your personal information.
We may collect information regarding your mobile device such as device settings, unique device identifiers, information about your location, and analytical information that may assist with diagnostics and performance. For your convenience, you may be asked to grant permission for access to your mobile device's geolocation data. This information may be collected when you use certain services that are dependent on your mobile device’s location (such as the location of an ATM or in store transactions). If you have any questions, please contact us.
Land of Lincoln Credit Union strives to provide accessible services to all that meet ADA standards and guidelines. We work continuously to ensure that our website and facilities are accessible and usable to everyone. If you are using a screen-reader or other auxiliary aid and are experiencing usage problems with our website, please contact us at 1-844-222-7788. To improve your web experience, we recommend utilizing your operating system or browser’s native accessibility tools. We continue to monitor and update our website and online banking systems to provide great accessibility. Our facilities and ATM centers include accessibility features such as handicap parking spaces, braille instructions, headset jack at ATM machine, accessible teller windows and accessible entrances. Members experiencing difficulties entering our locations are welcome to call 1-844-222-7788 to request assistance. Service animals are welcome. If you have any suggestions for areas of needed improvement, we welcome your thoughts. Please email us at email@example.com or call us toll free at 1-844-222-7788.
NCUA and ESI
NATIONAL CREDIT UNION ADMINISTRATION (NCUA) DEPOSIT INSURANCE
The shares in your credit union are insured by the National Credit Union Share Insurance Fund (NCUSIF), an arm of NCUA. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, the NCUSIF is managed by NCUA under the direction of the three-person NCUA Board. Your share insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC). Share accounts in federally insured credit unions are insured to at least $250,000. Generally, if a credit union member has more than one account in the same credit union, those accounts are added together and insured to at least $250,000.
As a member of an insured credit union, you do not pay directly for your share insurance protection. Your credit union pays into the NCUSIF a deposit and an insurance assessment based on the total amount of insured shares and deposits in the credit union. There are exceptions. You may obtain additional insurance coverage on multiple accounts, if you have different ownership interests or rights in different types of accounts and you properly complete account forms and applications. For example, a regular share account is insured to at least $250,000 and an individual IRA account at the same credit union is insured to at least $250,000. However, if you have a regular share account, share certificate account and share draft account, all in your own name, you will not have additional coverage. Those accounts will be added together and insured to at least $250,000 as your individual account. For more information on NCUA Share Insurance, please contact us or visit the NCUA website by CLICKING HERE.
EXCESS SHARE INSURANCE
Member savings in this credit union are now protected to at least $500,000, the highest level of combined federal/private share savings insurance available. This coverage has become available through the addition of excess coverage from the Excess Share Insurance Corporation (ESI).
LLCU now provides $250,000 in deposit coverage on top of the federal government's $250,000. And because Individual Retirements Accounts (IRAs) are insured separately, they are now protected to at least $500,000 as well. So, by maintaining your non-retirement savings and your IRA at the credit union, you may now have a combined savings insurance of $1,000,000. ESI is a wholly-owned subsidiary of American Share Insurance (ASI), the nation's largest private deposit insurer, and insures only credit unions meeting its high standards. If you would like more information about share savings insurance on your accounts, please contact us or visit the ESI website at www.excessshare.com.