Your Savings Dollars are Safe at NuMark CU

Posted on March 17th, 2023

General

As a not-for-profit financial cooperative, NuMark has been serving our members and communities for close to 70 years. We are strong, very well-capitalized and always ready and able to help you do more with your money. We have no relationship whatsoever to the turmoil we are seeing in the media over the past several days.

While other financial institutions are investing in tech startups, cryptocurrency, and bonds all over the world, the money here at NuMark is staying local to fund our member’s mortgage loans or other milestone moments. That is the credit union difference.

Your savings are federally insured to at least $250,000 by the National Credit Union Administration (NCUA). NCUA is the federal agency that charters and supervises federal credit unions and ensures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund, backed by the full faith and credit of the United States Government. No member has ever lost NCUA insured funds.

To learn more about the NCUA, please visit ncua.gov. If you would like to find out more about gaining additional coverage, visit https://mycreditunion.gov/insurance-estimator.

Thank you for being a part of the NuMark Credit Union family. Members like you who choose NuMark for their financial services allow NuMark to remain strong, continue to grow, support our communities, and serve all of our members’ financial needs.

If you have any additional questions or concerns, please contact us at ask@numarkcu.org.

Sincerely,

Lloyd Signature
Lloyd Fredendall
President and CEO
NuMark Credit Union

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