Your money is
SAFE with us!
If you heard the news over the weekend, you are aware of the situation with Silicon Valley Bank in California and Signature Bank in New York. We want to reassure you that Wildfire Credit Union is strong, financially safe and sound. Our Net Worth Ratio is above what the National Credit Union Administration (NCUA) considers to be well-capitalized.
It is also important to note that all deposits are insured up to $250,000 by the NCUA. Additionally our balance sheet, including our investment portfolio and our membership base is structured very differently from either Silicon Valley Bank or Signature Bank. We focus on diversification, unlike Silicon Valley Bank, who focused mainly on large venture capital organizations or Signature Bank that was heavily involved with crypto currency.
We are honored to serve you, and appreciate your trust. We take that trust very seriously, and operate within conservative risk policies to ensure we are strong to serve all our members through various economic cycles.
If you have any questions or concerns, please feel free to call us at 989-249-8200 or 800-227-2328.