Learn More About How Your Accounts Are Protected:

 

·            Fact Sheet: “America’s Credit Unions: Secure. Strong. Here are the Facts.”  

·            Resources from the NCUA:

o        How Your Accounts Are Insured—essential information about the NCUA and your insurance protection

o        Your Insured Funds—more detailed information and examples of how structuring your accounts differently can increase NCUA insurance of your funds

o        NCUA deposit insurance estimator—a handy calculator to estimate your coverage

o        VIDEO: How Safe Is Your Money?—Hear a top federal official explain how savings in a credit union are fully insured by a U.S. Government Agency

 


A note from President/CEO Winona Nava:

 

Dear Members,

 

In a time of economic turmoil, I am proud to say that your credit union stands strong.

 

Here are a few important points that you, the member-owners of GCU, should know:

 

·         We steered clear of the mortgage crisis. At GCU, we have stuck with sound, responsible lending practices that place our members’ interests first. We have avoided the kind of unaffordable loans that created problems for the banking industry.

·         Our income is on budget.

·         Our delinquency ratios are on track.

·         Our dedicated volunteer directors are keeping careful watch to make sure GCU is staying on course.

·         Your accounts are federally insured by the NCUA. If something were to go wrong, your deposits would be backed by the full faith and credit of the US Government. Visit the links above to learn more about NCUA insurance and how you can protect your deposits over $100,000.

 

For 60 years, you have trusted us to help you finance your dreams without getting in over your head. You have trusted us to keep your accounts safe. We consider that trust our greatest asset, and our greatest responsibility. We look forward to continuing to strengthen it in the next 60 years.

 

Sincerely,
Winona Nava

President/CEO