Be Secure with Fort Knox Federal Credit Union!
Reports of instability among some national financial institutions continue to appear in the news media. While the entire industry is concerned, these problems do not impact your Fort Knox Federal Credit Union.
For example, the bankruptcy filing by Lehman Brothers investment bank, the buyout fo Merrill Lynch brokerage firm and declared loss announced by ING investments and insurance will have no impact on Fort Knox Federal Credit Union.
Fort Knox Federal did not invest with any of these companies.
You can be assured that your deposits and loans with Fort Knox Federal are secure.
In fact, Fort Knox Federal Credit Union is the only financial institution in the area to offer deposit insurance coverage up to $350,000 on regular savings and checking accounts. IRA shares are now insured up to $500,000.
Banks cannot and do not provide this additional deposit insurance to their customers: therefore, Fort Knox Federal is the only financial institution in any of our market areas providing this additional benefit.
Now you can consolidate higher savings balances into one account at Fort Knox Federal Credit Union and be assured the maximum insurance protection possible along with some of the highest dividend rates available. |
