Home Info Newsroom Credit Unions Safe, Sound: Communication Resources Available for Recent Bank Failures

Credit Unions Safe, Sound: Communication Resources Available for Recent Bank Failures

Authored By: Lewis Wood on 3/16/2023

While federal regulators are working diligently to contain damage to the financial system caused by recent, high-profile bank failures, it’s important to note that the Commonwealth’s credit unions remain a safe, federally insured banking option for Virginians. We’ll help our members weather whatever unfolds in the coming days, knowing that we remain a safe haven and sound choice for those seeking a financial services partner that puts them first.

Your League has a number of resources available to aid you in communicating with members about the safety and soundness of your credit union.

Learn more

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