Your Credit Union is Safe, Strong & Insured
With the recent collapse of Silicon Valley Bank (SVB), Signature Bank of New York, and Silvergate Bank, we know you may have questions and concerns regarding the safety and security of your funds with Pinellas Federal Credit Union.
First and foremost, the protection of the credit union and our members’ funds is our top priority. As a consumer-based financial institution, we DO NOT invest in cryptocurrency-related companies or tech start-up businesses.
Pinellas FCU is a fiscally sound and secure financial institution. The National Credit Union Administration (NCUA), a US government agency, regularly examines our policies and practices to ensure our financial well-being.
In addition, our Board of Directors, Supervisory Committee, and leadership team routinely work with federal and independent examiners to review and analyze our assets, interest rates, and overall financials to maintain our sound financial institution status.
All member accounts are federally insured by the National Credit Union Administration (NCUA) up to at least $250,000.
We are very thankful to our members for putting your financial trust in us.
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