PA Central Fed Credit Union
It's a bad sign for the financial industry, when financial institutions that seem healthy have to make room on their web site to explain to customers that although other financial institutions are having big problems, they're doing fine.
On the other hand, it's good to see financial institution marketing messages such as the one below seen as consumer-attractive:
Our net worth (capital) level is strong, the highest category a credit union can achieve from our federal regulator, the National Credit Union Administration (NCUA). Our delinquency ratio, an indicator of the quality of our assets, is extremely favorable. Any investment we make is federally insured. We do not take risks in the stock market or make speculative investments.
Posted by PSoTD on
Wednesday August 6, 2008 at 7:17am |
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