CoveragePlusSM Deposit Insurance
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Peace of Mind. Union Bank of California's innovative CoveragePlus Deposit Insurance covers your association's eligible accounts in excess of current FDIC limits. When you open an account through HOA Banking Services (Association Checking, Association Savings, MoneyMarket, AssociationPlus MoneyMarket account, and/or Certificate of Deposit), the first $100,000 is insured by the Federal Deposit Insurance Corporation (FDIC). With CoveragePlus, amounts over $100,000 are automatically covered. Your deposits will be insured regardless of FDIC limits or your total deposit amounts. Best of all, it's free!  
 
 

Save Time. Now you can consolidate all or part of your reserves at Union Bank of California. Reconcile one statement instead of trying to match several from a variety of institutions and produce financial statements faster and more efficiently.

 
• Protect your association against loss due to the unlikely failure of Union Bank of California
• Insure any combination of accounts maintained with UBOC's HOA Banking Services
• Covers Checking, Savings, Money Market, AssociationPlus MoneyMarket accounts and CDs - with combined balances in excess of $100,000 per single Taxpayer ID
• No applications to fill out  
• No tracking of balances required
• CoveragePlus Deposit Insurance is only available through UBOC's HOA Banking Services
To learn more, email an HOA Banker.

CoveragePlus Deposit Insurance is underwritten by one of the largest insurance and financial solution providers currently enjoying 'A' ratings, the highest rating available, from Standard and Poor's and Moody's.

S&P and Moody's are the world's leading authorities in assessing the credit and financial strength of insurance organizations and their ability to meet policyholder claims and obligations. You can find more information at:
www.standardandpoors.com
www.moodys.com

CoveragePlus Deposit Insurance is not connected with or guaranteed by the FDIC. CoveragePlus protects against the risk of bank insolvency and no other risk.

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