Uninsured Employee Benefit Member Shares and Deposits >250K

Acct Code

Description

Tip for pulling data stored in CU*BASE

065B1

The amount of uninsured Employee Benefit Member shares and deposits over $250,000.

This account code was removed by the NCUA in March 2022.

If you have separate Membership Designation code(s) for Employee Benefit Member Shares, run Tool #545 NCUA Share Insurance Report. Select the appropriate  Membership Designation code(s)in the Excluded membership designations field. The Excluded Designations report LSHINS8 will give detail on these accounts. Compare the Total Savings for each account to the NCUSIF coverage amount to determine the uninsured amount of deposits.

You may also be able to use Tool #495 Member Aggregate Balance Analysis/File Build.