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NCUA
Safe and Sound
Credit Union ONE –
Safe and Sound
Credit Union ONE has consistently prioritized operating in a safe and sound manner for 85-years. As a result, recent bank closures have not affected our operations. Regardless, we understand news of continued market turmoil can be unsettling. We want to assure you that your money is secure and our focus remains meeting the needs of our members.
Credit Union ONE remains strong and vibrant. Membership is highly diversified, the balance sheet is healthy, and capital exceeds the highest regulatory standard of “well capitalized.” In addition, your deposits are federally insured by the National Credit Union Administration.
We value your membership and thank you for trusting Credit Union ONE. Please know we are here to help answer any questions you may have. For more information on NCUA deposit insurance please visit
mycreditunion.gov/share-insurance
.
Sincerely,
Gary A. Moody
Chief Executive Officer
Credit Union ONE
Frequently Asked Questions
What is the NCUA?
The National Credit Union Administration (NCUA) is an independent federal agency that insures deposits at federally insured credit unions (like Credit Union ONE), protects the members who own credit unions, and charters and regulates federal credit unions.
How does the NCUA keep my deposits safe?
The NCUA protects the safety and soundness of the credit union system by identifying, monitoring and reducing risks to the National Credit Union Share Insurance Fund.
Backed by the full faith and credit of the United States, the Share Insurance Fund provides up to
$250,000
of federal share insurance to millions of account holders.
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