Your Credit Union is Strong, Secure & Federally Insured.
With the recent collapse of Silicon Valley Bank (SVB), Signature Bank of New York, and Silvergate Bank, we understand you may have questions and concerns regarding the safety and security of your accounts with CAPE FCU.
As always, the protection of the credit union and our members’ funds is our top priority, and we make every effort to ensure we remain a fiscally sound and secure financial institution. We do this with the guidance of the National Credit Union Administration (NCUA), a US government agency, who regularly examines our policies and practices to safeguard our financial well-being. As a result, we DO NOT invest in tech start-up businesses or cryptocurrency-regulated companies.
Additionally, our Board of Directors, Supervisory Committee, and leadership team consistently work with federal and independent examiners to review and analyze our assets, interest rates, and overall financials to preserve our sound financial institution status.
All member accounts are federally insured by the National Credit Union Administration (NCUA) up to at least $250,000.
We are very thankful to our members for putting your trust in us for all your financial needs.