CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact

News

Home » CUNA launches page with bank collapse response resources
Policy & Issues

CUNA launches page with bank collapse response resources

March 15, 2023
Deposits are safe_1_FBLI.jpg

CUNA launched a webpage to support and provide resources for member credit unions looking to highlight credit unions’ safety and soundness in the wake of the Silicon Valley Bank collapse. Credit union deposits are safe, secure and insured and while recent collapses have no connection to credit unions, consumers may have questions.

“Credit unions were born in a time of financial crisis, and we are a safe harbor during life’s storms. The credit union difference means that credit unions act with the best interests of member-owners at heart, and credit unions will continue to meet member needs,” said CUNA President/CEO Jim Nussle.

The webpage contains messaging resources and graphics, tracks credit union outreach to members, and contains links to information on the credit union difference at YourMoneyFurther.com and information about the National Credit Union Share Insurance Fund.

League leaders around the country are connecting with both credit union and local media to make consumers aware of the credit union difference. Cornerstone League President/CEO Caroline Willard made statements to CUTimes and CUToday, Credit Union League of Connecticut President/CEO Bruce Adams spoke to Eyewitness News 3, GoWest Credit Union Association President/CEO Troy Stang talked to the Spokane Spokesman-Review, and Iowa Credit Union League Vice President Jaimie Miller spoke to We Are Iowa.

KEYWORDS bank collapse
Credit Union Magazine: Spring 2023

Spring 2023

Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.
Digital Edition •  Subscribe

Trending

  • CUNA Mascot Madness: See the West winner and vote for the South champ

  • Compliance: FinCEN issues BOI reporting guidance

  • CUNA Mascot Madness: One semifinal set; Vote for the best in the West

Tweets by CUNA_News

Polls

CUNA Mascot Madness: Which South Region mascot is your favorite?

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2023 Credit Union National Association | ADA Compliance Notice & Legal
Email Us