Kenmore Teachers FCU

CD Special

Posted in KTFCU News on Jun 01, 2023

Lock in the Great Rates while it's here!

12 months

3.75% apy. for a minimum $ 5,000 deposit

4.00% apy. for a minimum $10,000 deposit

Simply call us or click link below to send us your CD request.
Please make sure to include amount and account number. https://kenteachfcu.com/contactus

30 days notice will be given before the special ends.

Credit Union Deposits Are Safe

Posted in KTFCU News on Mar 16, 2023

The collapse of Silicon Valley Bank on March 10 is the second largest failure of a financial institution in U.S. history. The bank was shut down and put under the control of the FDIC following a 48-hour bank run and capital crisis. On March 12, regulators also shut down Signature Bank.

While this situation does not include any credit union failure, it may still create consumer concerns and questions at credit unions. This is an opportunity to reassure credit union members about the safety and soundness of credit union deposits, remind them of the credit union difference as member-owned financ...