While many financial institutions face problems in this uncertain economy, credit unions including Cecil County School Employees FCU, remain healthy.
Prudent underwriting practices have spared us the troubles that have beset other institutions. Nonetheless, individual members of the credit union are having troubles of their own.
We’re helping them find a way out of their present difficulties and stand ready to work with you too if the need arises. Deposits at the credit union remain as safe as ever. Unlike the money entrusted to many financial services companies, deposits to credit unions are federally insured by the National Credit Union Administration (NCUA) up to $250,000.
IRAs are also insured up to $250,000. We’re committed to serving you as long as you give us the opportunity to do so. So don’t worry. We’re not going anywhere.
If you have questions about the safety of your money, please call a CCSEFCU member services representative.