Extended Share Insurance

Kick back, relax. Canopy has your back.

financial protection

When your account balance grows, your protection should grow with you. At Canopy Credit Union, members with higher deposit balances may qualify for extended share insurance—a seamless layer of additional financial security that keeps everything easy to manage.

how do extended insurance accounts work? 

It’s simple.

Extended share insurance is designed for members with larger balances who want extra peace of mind without extra complexity.

When you open an extended insurance account, Canopy uses secure technology to strategically distribute your funds across a network of trusted partner institutions behind the scenes. This allows you to access enhanced protection on accounts worth millions while managing everything in one place.

That means:

Handle your money your way. Deposit, transfer, and withdraw with all the same tools you already love.

Even better, this coverage is backed by the same trusted standards that protect your everyday accounts—so you can feel confident knowing your money is secure

At Canopy Credit Union, you’re not treated differently depending on the size of your bank account, your age, or your credit history. Every member has an equal share, vote, and say. Credit unions are member-focused and community-minded and members receive added discounts, deals, and benefits for just being a member!

what are the benefits of an extended insurance account?

Additional coverage designed for higher balances.

Earn competitive rates on your balance.

Clear visibility into your full balance at all times.

Everything managed through Canopy—no need to juggle multiple accounts.

Protect your account at no extra cost.

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