Message to Our Members – January 2025
(2 Minute Read) — Happy New Year! As we step into 2025, I want to take a moment to share my gratitude for your continued trust in Unitus Community Credit Union. I know you’ve probably seen some headlines or social media discussions lately that might have raised a few questions about the safety of deposits. Let me put your mind at ease—your money is safe, secure, and well-protected here at Unitus.
Credit unions like ours are built on a strong foundation of trust, community, and financial responsibility. While banks are insured by the FDIC, credit union deposits are federally insured by the National Credit Union Administration (NCUA). It’s the same level of protection—up to $250,000 per account—so you can rest easy knowing your hard-earned savings are safe.
One of the things that makes credit unions like Unitus so unique is that we’re not-for-profit cooperatives. That means we’re not here to maximize profits for shareholders; we’re here to serve you, our members. We keep things simple, we operate with conservative financial practices, and we always put your best interests first.
At Unitus, we’re proud to be a strong and stable financial partner for you and your family. Whether you’re saving for the future, tackling a big purchase, or planning for life’s next adventure, you can count on us to support you every step of the way.
As for the recent chatter online, it’s important to remember that deposit insurance protections are not going anywhere. Both the NCUA for credit unions and the FDIC for banks remain strong systems designed to protect consumers like you.
As we kick off this new year, let me reassure you: Unitus is here for you, and your money is in good hands. If you ever have questions or just want to chat about your financial goals, please don’t hesitate to contact us. We’re always happy to help.
Here’s to a bright and prosperous 2025. Thank you for being a valued member of Unitus Community Credit Union—we’re so grateful to have you as part of our community.
Steven Stapp
President & CEO
Unitus Community Credit Union