We understand that the recent financial news referring to bank closures may have raised concerns about the safety and stability of your financial institution. We want to assure you that Cabrillo Credit Union is safe and sound, and your funds are secure with us.

At Cabrillo Credit Union, we take the responsibility of protecting our members’ funds very seriously. Cabrillo Credit Union is well capitalized at levels above guidelines set by federal regulators. We want you to know that we are not affected by the recent news and that our financial condition remains strong. Our dedicated team of professionals continuously monitors our financial situation and takes proactive steps to ensure the safety and stability of your funds.

We also want to remind you that your deposits at Cabrillo Credit Union are insured up to $250,000 through the National Credit Union Administration (NCUA). For more information about NCUA Share Insurance Coverage, visit mycreditunion.gov/share-insurance.

We prioritize our members and remain committed to providing you with the highest level of service and support. Our goal is to ensure that you have peace of mind and confidence in your financial institution, and we will continue to work hard to maintain your trust and confidence in us.

If you have any questions or concerns, please do not hesitate to reach out to us. Our friendly and knowledgeable team is always ready to assist you.

Thank you for your continued trust and support.

Sincerely,

Kevin Posey

CEO, Cabrillo Credit Union