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FinancialsAltaOne has rebounded as strong as ever from the recent challenges of the severe and prolonged economic recession. Your credit union experienced the hardships that the recession brought upon our diverse membership, most especially in past substantial loan losses. We continue to believe that simply bad things happened to good people in an unfortunate economy.
AltaOne is, however, well-capitalized according to federal regulatory standards. We also maintain sufficient liquidity to meet our membership needs. As such, AltaOne remains a safe and security deposit and lending institution for our member-owners and to the communities we serve. You can rest assured that your deposited money is safe with the $250,000 share insurance from the National Credit Union Administration (NCUA). Please contact us directly if you have questions regarding this deposit insurance.
We firmly believe in complete transparency of status information about this member-owned financial cooperative. To this end, AltaOne’s Federal Credit Union's current financial condition can be found in the document to your right of this message.
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