As you may know, there has been much coverage about a Bay Area niche bank’s ongoing liquidity problems and the impact on its customers.
Your deposits at North Bay Credit Union are safe and secure. We are very well capitalized, as documented by government examiners, and we receive the highest 5-star rating from Bauer Financial, a national financial rating firm.
Additionally, your deposits here are federally protected by the National Credit Union Share Insurance Fund for up to $250,000 per individual depositor. This fund is backed by the full faith and credit of the U.S. government.
Credit union members have never lost a penny of insured savings at a federally insured credit union.
I encourage you to visit MyCreditUnion.gov where you can understand your share insurance amount and learn how to maximize your coverage for higher balances.
Please do not hesitate to contact us if you have any questions.
Chris Call, CEO
North Bay Credit Union