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Life Savings Insurance
Share account deposits are insured up to a maximum of $3,000 on all deposits made by eligible members up to age 55. The amount of your insurance is based on the insured balance of your savings on the date of your death and how old you were on the date of each deposit that makes up that balance as follows:
| Age on Date of Insured Deposit | Insurance Amount Equals |
| 0-6 months | 25% of that insured deposit |
| 6 months - 54 years | 100% of that insured deposit |
| 55 years - 59 years | 75% of that insured deposit |
| 60 years - 64 years | 50% of that insured deposit |
| 65 years - 69 years | 25% of that insured deposit |
| 70 years+ | 0% of that insured deposit |
Your insurance is based on your age on the date of each deposit for which you are insured and does not decrease as you grow older. Withdrawal of savings will be on a last-in/first-out basis. The insured portion of your savings balance may not exceed $3,000.
For more information and to view the Life Savings Certificate of Insurance, click here.
