Dear Sun Members,
With the recent failures of Silicon Valley Bank and Signature Bank, many people are wondering where they can turn for a safe, reliable financial institution. Sun Community Federal Credit Union wants our members and community to know that at Sun, keeping our members’ money safe remains our first concern. You can rely on Sun to protect your money while continuing to offer great products and rates. If your friends and families are concerned about where to turn for their financial needs, you can rest assured referring them to Sun. As a not for profit institution governed by a volunteer board of members since 1954, Sun’s priority will always remain the financial health and security of our members.
Sun is financially strong, with capital well above the level needed to be designated as “well capitalized” by the National Credit Union Administration (NCUA). In addition, since deposits up to $250,000 are insured by the NCUA, the full faith and credit of the United States back up your deposits. Sun Community operates a sound business model and does not include high risk investments within our portfolio.
We invite you to reach out to us if you have any questions. We welcome you to visit any of our eight branches and speak to our wonderful team, or just call us at 760-337-4200. Our website is available 24 hours a day. We’re proud to serve you and our community.
Sincerely,
Patrick Carey
CEO
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