Strength You Can Count On

Dear Valued Member,

These days, it’s difficult to find anything positive to say about financial institutions or the economy. Red ink is flowing and many companies and individuals have been hit hard. That’s why I’m taking this opportunity to tell you about LFCU’s condition and the safety of your money.

Simply put, LFCU is one of the strongest financial institutions in the country, and has never reported a loss in 72 years in business.

As an example of that strength, LFCU's net worth (or capital) is at 15.5% of assets, more than double the amount required by regulators, and more than two times the bank average. This capital provides a cushion of more than $432 million to protect member deposits. Click here to learn more about how LFCU's financials compare to other institutions.

What's more, your money is federally insured to at least $250,000 per individual vesting (and another $250,000 for IRAs). Click here to learn more about your insurance coverage, and how to structure your accounts to secure coverage on amounts well over $250,000.

Another indication of LFCU's excellent financial position is our track record of earning top ratings from independent analysts of U.S. financial institutions. LFCU was awarded a 5-Star rating for financial strength - the highest possible - from Bauer Financial. In addition, our audited financial statements are posted online for all members to review.

Your Credit Union is well-positioned to withstand any foreseeable economic turmoil, a fact I hope brings you a little more peace of mind. If you have any questions, please call (800) 328-LFCU or send me an email at dstyler@lfcu.com.

Sincerely,

Dave Styler
President & CEO

Note: LFCU's financial results are current as of Dec. 2008. Average credit union and bank data is current as of Sept. 2008 (the most recent period available) and is based on institutions with $1 billion or more in assets.