All credit unions are focused on creating value for their members and their communities. That means carefully differentiating offerings to attract and grow your membership while keeping pace with change and evolving to meet existing member needs, especially those that have large deposit balances that have contributed to the more than $150 billion of uninsured deposits at credit unions.
Whether it’s solving for these uninsured deposits or attracting new members, you can accomplish both while elevating your value within the community.
Enabling members with large deposits to receive up to $100 million in federal insurance protection through the Federally Insured Cash Account (FICA) is a game changer for credit unions. It not only provides peace of mind for members, it helps decrease or eliminate uninsured deposits at your credit union.
The value of high levels of federal insurance not only helps to fortify relationships with existing members, it works equally well in attracting new members and extended the value of what you do in your community.
Please complete below form to request additional information on our funding and liquidity solutions.