PHILADELPHIA (4/10/08)--The Philadelphia FCU (PFCU) has qualified to insure regular member savings accounts up to $350,000 and retirement accounts up to $500,000. PFCU’s insurance limits are the highest combination of federal/private savings insurance available to members, announced the $541 million asset credit union’s board of directors. The coverage combines $100,000 per member for savings accounts and $250,000 or retirement accounts provided by the National Credit Union Administration with $250,000 per member provided by the Excess Share Insurance Corporation (ESI)--a licensed property and casualty insurer. Joint and certain other account relationships are insured separately and are subject to other federal guidelines. ESI accepts only credit unions that meet strict underwriting criteria. “PFCU’s acceptance into the program reflects the credit union’s commitment to safety and security,” said James McAneney, PFCU president/CEO.