The Health of Your Credit Union
Posted in Press Room
Recent events in the banking industry may have you wondering about the overall health of your financial institution. I want to assure you BluPeak is financially sound and in a good position to continue serving your financial needs for many years to come.
As a well-capitalized financial institution, with a solid member base, there are many reasons for members to feel confident in BluPeak’s ability to keep their funds safe and sound. To name a few:
- Funds on deposit with BluPeak are insured by NCUA up to $250,000 per individual depositor.
- We don’t depend on investments in startups, cryptocurrencies or any one singular industry or sector. We have a well-diversified investment portfolio focused on delivering maximum benefit and stability back to you, our members.
- We recognize the cyclical nature of the economy and know the only way we can weather the negative economic cycles is to ensure we are capitalized at levels above guidelines set by federal regulators, and we are.
We want to assure you we are as committed as ever to helping you reach peak financial wellness through every phase of life.
Sincerely,
Todd Tharp
President & CEO
