A message from CEO Jim Dean regarding Affinity’s strong financial condition
Recent news about the failure of Silicon Valley Bank in California and Signature Bank in New York can lead to questions regarding your financial institution’s health, so it’s important you know that Affinity Credit Union is secure and well positioned for the future. We’d like to share details about how your money is protected.
Affinity’s net worth is over 10.6% and greater than 99% of our deposit dollars are federally insured by the National Credit Union Administration (NCUA). This means that each individual depositor is insured by the National Credit Union Share Insurance Fund for up to $250,000. Learn more about the National Credit Union Share Insurance Fund at mycreditunion.gov.
Chartered in 1949, Affinity is a 74-year-old financial cooperative that makes sound business decisions with the interests of our member-owners in the forefront. We appreciate our relationship with you and welcome an open line of communication. If you would like to talk with me, my direct contact information is listed below.
Jim Dean, CEO
Categorized in: News