Commercial members may qualify for additional deposit insurance above the NCUA-insured
amount of $250,000. Commercial members may request up to an additional $5,000,000 in
insurance coverage per unique entity for funds in Money Market or Business Platinum Money
Market shares. Dividends earned on the covered shares will be reduced to help offset the
cost of the additional insurance premiums. Magnifi Financial’s Commercial department will
help determine the right amount of coverage for your business.
View Business Savings Accounts