At OFCU, Your Money is Safe and Secure
A Note From OFCU’s President Chris Byous
|Dear Valued Member,
In light of the recent news regarding Silicon Valley Bank in California and Signature Bank in New York, we want to reassure you that Omaha Federal Credit Union (OFCU) is financially strong and well-capitalized. Your deposits in the Credit Union are safe and federally insured by the National Credit Union Administration (NCUA) up to at least $250,000 per individual depositor. Credit Union members have never lost a penny of insured savings at a federally insured Credit Union.
As an OFCU member, you are an owner of our not-for-profit financial cooperative. OFCU prioritizes the financial security and success of our member owners. OFCU was chartered 88 years ago, and we remain committed to serving our community. You can be assured that your money is safe and sound at your Credit Union. We have an experienced team to serve you and answer any questions or concerns that you may have.
National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger sent a message to member Credit Unions providing additional insights into the situation and the safety of Credit Union deposits.
Berger highlighted that:
You can visit MyCreditUnion.gov for more information about the National Credit Union Share Insurance Fund coverage for consumers. Please call 402.399.9001 (option 3) with any questions.
Thank you for your continued trust in your Credit Union.
Ms. Chris Byous