Extended Insurance Sweep Account

Open an Extended Insurance Sweep Account today

Looking to safeguard large deposits without sacrificing convenience or returns? Collegedale Credit Union's Extended Insurance Sweep Account offers maximum protection-up to $10 million-while keeping your funds accessible through one simple account.

Our sweep accounts offer the following features:
  • Extended Insurance - Protect your savings up to $10 million through our NCUA-insured partner credit unions, with each portion of your funds staying below the $250,000 insurance limit.
  • Auto-Sweep Distribution - Your funds are automatically spread across our trusted partner institutions behind the scenes, ensuring full insurance coverage.
  • Easy Access - Access all of your money through your main account-no need to manage multiple accounts manually.
  • 24/7 Transparency - Track all balances and transactions in real-time through our secure online platform.
  • Competitive Rates - Earn interest on your full balance while maintaining insurance coverage.

Open an Extended Insurance Sweep Account today!

  • Online: Submit a form with your information and a Credit Union Personal Banking team member will reach out.
  • In-Person: Our Credit Union branch teams would be happy to assist you with account opening and more at the location closest to you.

*Funds participating in the Collegedale Extended Insurance Sweep Account are deposited into accounts at participating credit unions, which are insured by the National Credit Union Association (NCUA) for up to $250,000 for each category of legal ownership, including any other balances you may hold directly or through other intermediaries, including broker-dealers. The total amount of NCUA insurance for your account depends on the number of credit unions in the program. If the balance in your account is greater than the NCUA insurance coverage in the program, any excess funds will not be insured. Please read the Program Terms and Conditions carefully before depositing money into the program and for other important customer disclosures and information. To assure your NCUA coverage, please regularly review credit unions in which your funds have been deposited, and notify Collegedale immediately if you do not want to allocate funds to a particular credit union or credit unions.

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