Safeguard your deposits up to $15M
Consolidate large balances in one account and maximize NCUA insurance coverage.
How Extended Insurance Works
Trailhead’s Extended Insurance Account works by automatically distributing your balance in portions under $250,000 across our network of partner credit unions. Each portion remains within standard NCUA insurance limits, allowing us to extend protection up to $15M total for your deposits. You’ll maintain complete access to your funds through a single account, with the system handling all the behind-the-scenes distribution to maximize your protection.
Initial Deposit
Deposit funds up to $15M into a Trailhead Extended Insurance Account.
Auto-Sweep
Our system distributes funds across partner credit unions, securing your total deposited amount.
Easy Access & Visibility
Access all your funds through a single primary account with full visibility to track all movements and balances in real-time.
Extended Insurance Accounts are Ideal For:
High Net Worth Individuals
seeking insured diversification
Businesses
with large operating expenses
Nonprofits
managing reserves or endowments
Limited-Time Opening Bonus¹
From now until March 31, earn an additional bonus when you open an Extended Insurance Account.1
- Earn$500
When you deposit $250K-$500K
- Earn$1000
When you deposit $500K-$1M
- Earn$2000
When you deposit $1M+
Secure Your Funds
To get started, please fill out this form and a team member will contact you to discuss Extended Insurance Account solutions.
Frequently Asked Questions
Suppose you have $1 million that you want to safeguard and earn interest on. You can achieve this by depositing the full amount with Trailhead Credit Union through an Extended Insurance Account. The money is then distributed into smaller portions and placed in demand deposit accounts at various credit unions within the network.
- The first $250,000 will be allocated to Trailhead Credit Union
- $250,000 allocated to Credit Union 2
- $250,000 allocated to Credit Union 3
- $250,000 allocated to Credit Union 4
All of these credit unions are partnered with the ModernFi Network. This allocation helps ensure that each dollar is covered by NCUA share insurance, in an amount up to the maximum of $250,000 per share owner per credit union.
Using these Extended Insurance Accounts eliminate the need to keep track of multiple accounts at various credit unions. All of your deposits and activity across your allocated credit unions are consolidated into one statement. Additionally, the Extended Insurance Account interest rate is competitive, making it a compelling choice for individuals and businesses with substantial cash reserves.
ModernFi is a network of credit unions that Trailhead Credit Union has joined to help better protect your balances by distributing funds across partner credit unions to offer extended NCUA share insurance.
You control the account just like a regular transaction account. You can deposit, withdraw, or transfer funds at any time through a dedicated Member Portal. Trailhead Credit Union and ModernFi manage and oversee your allocation, ensuring funds are distributed to demand deposit accounts within the network.
Extended Insurance Accounts offer a high degree of security for your deposits, utilizing NCUA insurance to safeguard funds up to $250,000 per member at each participating credit union.
This protection extends even in the event of a participating credit union’s failure, ensuring the continued safety of your deposits. Since the inception of the National Credit Union Share Insurance Fund in 1970, no member has lost NCUA-insured funds due to a credit union’s failure. All accounts at NCUA-insured credit unions are covered on a dollar-for-dollar basis, encompassing principal plus any interest accrued.
In the unlikely event a credit union fails, the NCUA assumes the responsibility of closing the credit union, receives its assets, and settles all deposit claims. Trailhead Credit Union works with ModernFi to file all required materials with the NCUA to coordinate the receipt of your funds from the failed institution. Payment starts within a few business days after the credit union closure. For more information on NCUA insurance, please visit here
ModernFi partners with credit unions in good standing with regulators and compliant with all Anti-Money Laundering and Know Your Customer requirements. ModernFi only places deposits
at US-based NCUA-insured credit unions that are monitored by a U.S. federal or state governmental agency responsible for the supervision of financial institutions. Trailhead Credit Union maintains complete control over the credit unions that can receive your funds. Furthermore, you and Trailhead Credit Union always have full transparency into the allocation of your funds
Disclosures
1 Offer valid for accounts opened between 1/1/26 – 3/31/26. To qualify, transfer $250,000 or more in new funds to a Trailhead Credit Union Extended Insurance
Account within 45 days of account opening. Maintain these funds for at least 90 days from the account opening date, and the bonus will be credited to your account within 40
days thereafter.
Funds participating in the Trailhead Credit Union Extended Insurance Account are deposited into accounts at participating credit unions, which are insured by the National Credit Union Association (NCUA) for up to $250,000 for each category of legal ownership, including any other balances you may hold directly or through other intermediaries, including broker-dealers. The total amount of NCUA insurance for your account depends on the number of credit unions in the program. If the balance in your account is greater than the NCUA insurance coverage in the program, any excess funds will not be insured. Please read the Program Terms and Conditions carefully before depositing money into the program and for other important customer disclosures and information. To assure your NCUA coverage, please regularly review credit unions in which your funds have been deposited, and notify Trailhead Credit Union immediately if you do not want to allocate funds to a particular credit union or credit unions.