SecureSelect: Extended Insurance Account

SecureSelect is a high-balance business money market solution designed for organizations managing deposits over $250,000, offering extended NCUA insurance through a network of partner credit unions.

Deposits are automatically allocated in increments under $250,000 across multiple participating credit unions, allowing total balances to remain fully insured (subject to program limits) while exceeding standard limits.

Yes. SecureSelect operates as an automated insured sweep account, enabling efficient distribution of funds to maximize coverage while simplifying treasury management. 

SecureSelect helps organizations manage large cash positions by combining extended deposit insurance, daily liquidity, and consolidated reporting within a single account structure. 

No. All deposits are managed through a single Suncoast relationship, with centralized visibility into balances, allocations, and activity. 

SecureSelect is ideal for businesses, nonprofits, municipalities, and organizations that require a secure, scalable solution for managing large, insured cash balances.

Begin with a consultation with your local Suncoast commercial team to evaluate your deposit strategy and implement a tailored insured sweep solution.