SESLOC Federal Credit Union
Safe and Strong Through Troubled Times

With recent news media reports about some financial institutions facing losses due to subprime mortgage lending and the credit crunch, you may be wondering about the financial stability of places where you do business. In this environment, it's no surprise that members are posing questions about the protections in place to preserve their personal assets. We'd like to reassure you that SESLOC Federal Credit Union remains strong, safe and financially sound.

SESLOC is rated as "well capitalized" by the NCUA, which is the government equivalent of the FDIC for banks. Our Capital to Asset Ratio – a measure of financial strength – remains strong. Because our goal is our members' overall financial health, we have a more conservative lending policy.

Our decisions are based on sound lending practices, which keep us on a solid financial footing. Members who are impacted by the current economic downturn are encouraged to call SESLOC to explore all the options available to them.

SESLOC went into this current economic climate with a strong balance sheet and will still be strong when it's over.

Your Insured Deposits
Your deposits are federally insured through the National Credit Union Administration (NCUA), a U.S. government agency. The NCUA is backed by the full faith and credit of the U.S. government. Not one penny of insured savings has ever been lost by a member of a federally insured credit union. Each account holder's funds are insured to at least $100,000, and retirement accounts, such as individual retirement accounts and Keoghs, are separately insured up to $250,000.

For a detailed explanation of coverage, visit www.sesloc.org or www.NCUA.gov, or pick up a brochure at any SESLOC branch. Financial reports are available in our 2007 Annual Report, which is also available on our website and in our branches.