Dear Valued Member,

As you may have seen in the news the last several days, Silicon Valley Bank and Signature Bank are receiving a lot of press, and for good reason. These are our second and third-largest bank failures in our nation’s history.

We understand that you may be feeling anxious about the security of your money at Matanuska Valley Federal Credit Union. We’d like to take this opportunity to assure you that your money is completely safe, and that Matanuska Valley Federal Credit Union (MVFCU) is financially strong and secure because of our members, our strong Board of Directors, and the communities we serve. For 75 years our mission has been to partner with our membership to build a strong and vibrant community and we continue to do so in both Alaska and Hawaii, and in serving members who reside throughout the United States and the world.

What does this mean for our members?

MVFCU is financially strong and well-positioned to meet your financial needs. We serve more than 50,000 members and distinguish ourselves through exceptional service and protection of funds our members have on deposit. Your money is insured up to $250,000 per ownership category. These funds are insured by the National Credit Union Association (NCUA), which is an independent agency of the U.S. government that regulates, charters, and supervises credit unions.

Your money is always safe with Matanuska Valley Federal Credit Union.

We value your membership, and your financial safety and security are a top priority. Please do not hesitate to contact us Monday – Friday at 907-745-4891 from 7:00 am to 7:00 pm and on Saturdays from 8:00 am to 5:00 pm AKT.