This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
Members First CU of Florida Go to main content
Become A Member Apply for a Loan Branches ATMs
Home > Members First Safe and Secure
Members First Safe and Secure3/13/2023

people looking at financial graphs and statements

SAFE, STRONG, AND HERE FOR YOU

Headlines about banks failing and economic instability have been in the news, but we want to assure you that your credit union remains strong — as we have throughout the years.

We ended 2022 well capitalized with a net capital ratio of 11.35% which exceeds the regulatory standard for "well-capitalized" credit unions as we continually operate within the regulatory definition of "safe and sound" practices. Rest easy, we are strong.

Trust that we will continue to provide you with the solutions that you need, and help you save with lower fees and competitive rates. It's our commitment to you, and it doesn't change in challenging times.

Know that you can reach out to us if you ever experience financial hardship. Our staff is here to help, with solutions and assistance for your specific situation.

YOUR MONEY IS SAFE AND INSURED BY NCUA

The money in your credit union is not something you need to worry about. Your funds are safe, and your accounts are fully insured by the National Credit Union Share Insurance Fund (NCUSIF) to at least $250,000 per individual. (If a member has over $250,000 on deposit, options are provided for additional share insurance coverage because the NCUSIF provides separate and additional insurance for other accounts/ownership structures). As you can see, keeping your money safe in an insured checking or savings account is a financially sound decision.

 

 

How Your Accounts Are Federally Insured NCUA: SHARE INSURANCE ESTIMATOR

IF YOU HAVE ANY QUESTIONS, PLEASE REACH OUT TO US

Email us at mfcufl@mfcufl.org or call us at (850) 434-2211. You may also Chat with our Representatives during normal Member Information Call Center business hours, Monday - Friday from 8:30AM - 4:30PM.

 



 

RESOURCES

 

 



« Return to "Blog" Go to main navigation
I Want To
I Want To
Loan Center
Loan Center
Credit Cards
Credit Cards
Careers
Careers
Special Offers
Special Offers
Members First CU of Florida
InstagramTwitterfacebookemailWordpressYouTube
NMLS #405711
Equal Housing Lender National Credit Union Administration
This Credit Union is federally-insured by the National Credit Union Administration. We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act.
Members First Credit Union of Florida is not affiliated with Members First Credit Union (Kentucky)

Members First Credit Union of FL is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 877-434-6328. We are actively working to increase accessibility and usability of our website to everyone. All products and services available on this website are available at all Members First Credit Union of FL branches.

 

Any external links or websites to alternative sites are not operated by Members First Credit Union of FL. We are not responsible for the content of the alternate site or their accessibility standards.

BACK TO TOP