At Ukrainian FCU we understand that recent developments in the banking industry have caused concern and may have prompted questions related to the safety and security of your hard-earned money at financial institutions. For nearly 70 years we have served our members and our communities, regardless of the circumstances. Whether it be an economic downturn, war, pandemic, or some other unforeseen challenge, we carefully navigated each step of the way ensuring that our members remain the top priority and that their assets are protected. Today’s scenario does not change our inherent commitment to you – our members – the owners of Ukrainian FCU. Unlike some for-profit institutions, we remain accountable to our members, not stockholders. We make decisions on products and services with your best interests in mind.
UFCU is regularly being audited by the National Credit Union Administration (NCUA), a government agency. We are well-capitalized, profitable and financially secure. Careful management of credit union assets and liabilities allows us to weather potential volatile movements in the economy. In addition, the National Credit Union Share Insurance Fund insures your money, and protects up to $250,000 per individual depositor. For more information, visit here.
To date, credit union members have never lost a penny of insured savings at a federally insured credit union.
Thank you for your trust in our financial cooperative and the opportunity to continue serving you. Don’t hesitate to reach out to us by phone (877) 968-7828 or feel free to visit one of our 13 branches.