Letter From the CEO/President
Dear Members,
Recent press has been reporting about various banking institutions around the nation being placed into conservatorship by their Federal Regulators. Any such event is important to understand fully before placing any relative fear into any such relationship you may have with your own bank or credit union. You can find factual information regarding such events from the Regulatory Agency responsible for the Conservatorship.
We would like to note to each member of Pinnacle Federal Credit Union (PFCU) that our Federal Regulator, The National Credit Union Administration (NCUA) has found PFCU to be well capitalized as recently as our June 2023 follow-up examination. You are welcome to find more information on our financial condition at the NCUA website ncua.gov.
For over 65 Years, PFCU has thrived to achieve your trust. The Board of Directors, Management, and staff of PFCU are members just like you! This is important to note that as a financial cooperative, we are not motivated to run our business for pure financial gain. We fully wish for you to know that safety and soundness are a cornerstone of our existence. Under present Administration, from the Board Room to the Member Service Desk to everyone in between, know that we value your membership!
I welcome your call should you require any additional information regarding PFCU.
Thank you for banking with us!
Dennis Fitzpatrick
President/CEO
Recent press has been reporting about various banking institutions around the nation being placed into conservatorship by their Federal Regulators. Any such event is important to understand fully before placing any relative fear into any such relationship you may have with your own bank or credit union. You can find factual information regarding such events from the Regulatory Agency responsible for the Conservatorship.
We would like to note to each member of Pinnacle Federal Credit Union (PFCU) that our Federal Regulator, The National Credit Union Administration (NCUA) has found PFCU to be well capitalized as recently as our June 2023 follow-up examination. You are welcome to find more information on our financial condition at the NCUA website ncua.gov.
For over 65 Years, PFCU has thrived to achieve your trust. The Board of Directors, Management, and staff of PFCU are members just like you! This is important to note that as a financial cooperative, we are not motivated to run our business for pure financial gain. We fully wish for you to know that safety and soundness are a cornerstone of our existence. Under present Administration, from the Board Room to the Member Service Desk to everyone in between, know that we value your membership!
I welcome your call should you require any additional information regarding PFCU.
Thank you for banking with us!
Dennis Fitzpatrick
President/CEO
