The shares in our credit union are insured by the National Credit Union Share Insurance Fund, an arm of the NCUA (National Credit Union Administration). This share insurance is similar to deposit insurance provided by the FDIC, which insures banks and savings and loans.

BBCU gives you much more than just the best savings and loan products. You can get a discount on your auto/home insurance as well as saving on your travel from AAA of Michigan, just for being a member of Birmingham Bloomfield Credit Union!

Coverage - The basic insured amount for a member is at least $250,000. Individual accounts held by the same member are added together and are insured up to $250,000. One exception is an IRA account (these types of accounts are insured separately to $250,000). Joint accounts are insured separately from individual accounts up to a maximum of $250,000. However, one cannot rearrange the names to increase the insurance coverage. A person holding an interest in more than one joint account may receive maximum of $250,000 insurance coverage on the total of his/her interests in those joint accounts. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.

Note: Please refer to NCUA brochure which further explains account coverage also see benefits of NCUA.”

For a quote, contact any AAA of Michigan agent. Be sure to mention that you are a member of BBCU.

1-800-AAA-MICH
1-800-222-6424

As an eligible member of the Credit Union you are entitled to receive $2,000 of 24-hour Accidental Death and Dismemberment Insurance simply by completing and mailing an enrollment form. There is NO COST to you! The credit union pays the premiums. It’s just one of the many benefits of credit union membership. Visit either location for an Enrollment Form and further details.