The credit union will no longer be offering free life insurance on loans made after April 14, 2014. Existing loans to eligible members will be covered up to $25,000 until paid in full.
Effective March 1, 2010, the Board of Directors have limited the amount of deposits by members in the credit union. SHARE DEPOSITS ARE LIMITED TO $500.00 PER MONTH PER ACCOUNT. The maximum deposit will remain at $250,000.00.
The Board has taken this action to maintain the capital of the credit union at a level which will ensure that funds will be available for our borrowers and to maintain a future competitive level of return for our investors.