NEW SERVICE
We are improving the service to our members by offering Online Banking and Bill Pay. Click on the Online Banking link to signup and access your account.
A Note to Our Members
You may have seen news reports about the National Credit Union Administration (NCUA) taking control of two major corporate credit unions on Friday, March 20, 2009. These two credit unions had large paper losses from their investments in mortgage-backed securities (MBS).
Please be assured that NoteWorthy Federal Credit Union remains sound and that your deposits up to $250,000 continue to be insured by the National Credit Union Share Insurance Fund (NCUSIF). We have no investments in MBS and we do not buy or sell individual loans. We hold and service every loan we make and every single member with a loan from NoteWorthy is making regular payments. While we will experience a significant expense as the cost of insurance from the NCUSIF increases, you should know that we remain well capitalized and that our conservative investment and lending practices continue to protect your deposits at NoteWorthy.
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