TCU is Safe, Secure, and Ready to Serve

You have likely seen headlines about the recent closures of Silicon Valley Bank and Signature Bank and may wonder what this means for you.

You can rest assured that your funds are safe and secure at TCU. All member deposits are federally insured up to $250,000 per individual account holder through the National Credit Union Administration (NCUA). The NCUA is an independent federal agency backed by the full faith and credit of the U.S. government. Just as bank deposits are protected by the Federal Deposit Insurance Corporation (FDIC), credit unions have the exact same level of protection from the NCUA.

Furthermore, TCU is well capitalized and in a strong financial position to meet the banking needs of our members. The credit union has served members well for nearly 100 years by following safe and sound banking practices and will continue to do so long into the future.