Over the last week, we’ve been closely following the latest news regarding Silicon Valley Bank and other troubled banks.
We want to take a moment to reassure you that your credit union is financially sound. Your deposits are safe and secure with us.
Not all financial institutions are the same
Arsenal is a member-owned, not-for-profit that has served the community for over 75 years. We don’t take unnecessary business risks with your money. It’s our responsibility to serve as good stewards of your funds.
- Your funds on deposit are federally insured to at least $250,000 through the National Credit Union Share Insurance Fund and backed by the full faith and credit of the U.S. government.
- Our capital and reserves are classified as “well capitalized” by our regulator – the highest capital rating a credit union can achieve.
- We’ve consistently been awarded the prestigious 5-star rating for financial strength from BauerFinancial – a classification we’ve received for the last 23 quarters.
Credit unions make America stronger
We operate to promote the well-being of our members and are the best financial services option for consumers.
We value your business and look forward to helping you discover new ways to take control of your financial success, whatever stage of life.
If you have any questions or concerns, don’t hesitate to stop by one of our branches or contact us through our digital channels.