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An Important Message from Your CEO, Paul Muse

In Press Releases
family gathered around each other

Dear valued members,

We understand that the recent headlines regarding the banking industry may have caused concern and worry. However, we want to reassure you that our credit union operates on a vastly different business model than the large banks you may have read about in the news.

Unlike traditional banks, our credit union is a not-for-profit financial institution that is owned and operated by you, our members, not outside investors or shareholders. This means that our focus is on providing the best possible service and financial products to our members, rather than maximizing profits for shareholders.

Our credit union is also regulated by different agencies than banks, which means we have different requirements and standards to meet. We pride ourselves on being transparent and responsible with our members’ funds, and we take our responsibility to you very seriously.

We want to assure you that your deposits with us are safe and secure. Your funds are insured by the National Credit Union Administration (NCUA), which provides the same level of protection as the Federal Deposit Insurance Corporation (FDIC) does for banks.

We understand that the current situation in the banking industry can be confusing and alarming, but we are committed to providing you with the highest level of service and financial security. Please do not hesitate to reach out to us with any questions or concerns you may have.

Thank you for your continued trust and support.

Paul W. Muse
1st Advantage