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Posted in Board Brief on Apr 19, 2023
3rd in the Series: New Account Forms
The school year is nearing an end. Do you have a student who is moving up to high school or going to college? Now is the time to consider having them opening a new account.
You can click on the OPEN AN ACCOUNT button on our Home page (or you can go to https://www.kenteachfcu.com/openaccount). The link will take you to the New Account Application form page. Initiate the application with your teenager. It can be a great learning experience for them and a memorable one for you. Your college students can use the account for summer job direct deposits and enab...
Posted in Newsletter on Apr 03, 2023
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...