Your one billion dollar strong Credit Union is monitoring the potential impact of COVID-19 on the economy and membership. We want to assure you that The Credit Union is financially solid and here to serve your financial needs as they relate to both savings and borrowing.
And, rest assured that your funds are federally insured by the National Credit Union Administration (NCUA) for up to $250,000 per member.
Our robust financial position allows us to leverage this strength for the benefit of our members. We will keep our deposit and loan rates competitive across the board. Members might see other institutions tighten credit and limit their willingness to make loans. But, we are not other financial institutions. Your Credit Union is committed to being available to our members by not tightening our underwriting on new loan applications.
If you or your family have been impacted by COVID-19 and need financial support, we have a number of resources at your disposal. Please visit figfcu.org/COVID-relief, and as always you may call us or chat with us online. We will handle each request personally, on a case-by-case basis, and will do everything we can to provide reasonable solutions for you.
We take great pride in our financial position, and we will be leveraging this to the fullest extent to support you during these turbulent times.
Thank you for being a member of our Credit Union family.