IU Credit Union is Safe, Secure, and Here for You
Recent news regarding bank closures have raised public concern about the health of financial service providers. You can rest assured your funds are safe and secure at IU Credit Union. For more than 65 years, IU Credit Union has been a model of safety, stability and service, and your funds with us are unaffected by these failures occurring elsewhere. We feel it is important for you to know the following:
- Your deposits are safe
Member deposits are federally insured to at least $250,000 (IRAs are separately insured up to $250,000) through the National Credit Union Administration and backed by the full faith of the United States Government.
- Your credit union is financially strong
IU Credit Union’s capital ratio, a key measurement used to assess financial strength, is 12%, nearly double the level required by federal regulation.
- Your credit union has an unwavering member focus
You can trust IU Credit Union to continue to operate with the same core values that have successfully guided the institution since 1956.
We thank you for placing your trust in us and look forward to continuing to serve you.
For additional information on the National Credit Union Share Insurance Fund, visit: Share Insurance | MyCreditUnion.gov
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