E-SIC The Electronic Share Insurance Calculator |
The Electronic Share Insurance Calculator (E-SIC) bases the computations for coverage on the rules in effect as of October 3, 2008. If any subsequent statutory or regulatory changes should occur, NCUA will update the calculator as quickly as possible. The release date for this version of the E-SIC is October 16, 2008.
Take it one credit union at a time. Enter all of your share accounts for that credit union, then go through all three steps. When your report for the first credit union is complete, start back here with your next credit union and so on, until you have a report for each credit union where you have share accounts. Resources: Page Help | E-SIC Security | Summary of Changes |
You may want to print a copy of your results for your records. If you leave E-SIC to go to another web page or if you start over (e.g., with another credit union) the information you have entered so far will be lost.
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Note: Totals will be rounded.
E-SIC is designed to give an accurate share insurance calculation, assuming it is properly used and the account information is correctly entered. However, the results and conclusions generated by E-SIC are strictly advisory. All actual claims for share insurance shall be governed exclusively by information set forth in the NCUA-insured credit union's records and applicable federal statutes and regulations then in effect. This calculation is based on the share insurance regulations in effect as of October 2008. |