Your money is safe with us!

    While many banks and credit unions have been challenged during these volatile times, Self Reliance (NY) Federal Credit Union continues to be as financially strong and sound as ever.  Our strong capital (over 20% of assets!) makes us one of the most financially solid financial institutions in the United States. 

    Congress recently passed major legislation referred to as the Emergency Economic Stabilization Act of 2008.  Included in the law is the increase of depository insurance coverage by the NCUA, a federal government agency, from $100,000 to $250,000 for credit unions.  The increase went into effect immediately until December 31, 2009 and will be reviewed again at that time.

    So while we are all concerned about the current economic conditions, rest assured one thing you do not have to worry about is your money when it is in our credit union, after all, no one has ever lost a single penny in a NCUA federally insured credit union.