Message From Danny Varnon, President/CEO
RE: Recent Bank Failures

As a not-for-profit financial cooperative, our first priority is the people we serve. We are member-owned and every decision we make is with you in mind.

We exist solely to serve our members and the community, accepting local deposits and making local loans. We pride ourselves on being good stewards of resources and are proud to invest our earnings back into you, the member.

While we understand recent bank failures have caused serious concern, we wish to assure you of the safety and soundness of your deposits at Family Savings Credit Union.

Your money is protected and insured here. The National Credit Union Share Insurance Fund insures your money up to $250,000 per individual depositor and through ESI, a private insurance company, we are pleased to insure your money up to an additional $750,000. We are proud to report that no credit union member has ever lost a penny of insured savings held in a federally insured credit union.

Please rest assured knowing our credit union is healthy, safe, local, and here for you.  

If you have any questions, please contact us at 888-311-3728. As always, please know we stand ready to assist you with all of your financial needs. 

Lastly, if you have friends or family members looking to keep money local, we welcome them to join us at Family Savings Credit Union, where deposits remain safe, sound, and secure.


Danny Varnon