Local, Home Grown, Safe and Secure
With the economic turmoil going on around us, our members may wonder how safe their funds are here at the credit union. Quinnipiac Valley CFCU is conservative by nature, and does not have any investments in mortgage backed securities or the stock market. All investments are deposited in federally insured institutions well under the insurance limits. QVCFCU continues to receive high ratings and maintains a capital position well above the NCUA (National Credit Union Association) requirements.
Credit unions are a safe harbor for your hard earned savings, always keeping in mind that we are here to serve our members. All funds are fully insured up to $250,000 by the NCUA, a division of the federal government. For more information about your insurance coverage, visit the NCUA website at http://www.ncua.gov/ShareInsurance/Index.htm.
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