SAFE AND SOUND!
The Alabama Rural Electric Credit Union wants you to know that the United States credit union system is stronger than ever.
Credit unions maintain a credit buffer of nearly 10 percent, which is substantially higher than the 7 percent threshold defined as "well capitalized" by law.
More importantly, your accounts at the credit union are federally insured, and as safe and protected as they always have been. The National Credit Union Association continues to insure deposits up to $250,000 per account at every credit union.
So no matter what the U.S. economy does, rest assured that your credit union deposits are insured and well protected.