Be cautious of fake payment confirmation text messages. Contact Truity directly to verify any suspicious texts.

Truity Credit Union

Current Promotions and News Ads
Main Content Area

Truity Credit Union Blog

Recent Posts

Truity Credit Union Blog > March 2023 > Truity CU Remains Safe and Secure

Truity CU Remains Safe and Secure

  • 3/14/2023

Truity will remain a place where members’ deposits and loans are safe and secure. The issues facing financial institutions with larger investment portfolios (as a percentage of assets) are not applicable to Truity.

Is my money safe with Truity?

YES. Truity exists to serve our members’ interests. Our members are the owners and the center of all that we do. Financial institutions are considered well-capitalized with anything above 7.00%. Truity is extremely well capitalized, with 9.33% as of February 28, 2023.

Is Truity in financial danger?

NO. Truity is not in any financial danger. Financials are posted monthly at the bottom of our website, or you can visit

What makes Truity different from Silicon Valley Bank (SVB)?

Our balance sheet is entirely different. News reports indicate that SVB was heavily concentrated in startup and venture capital firms, while Signature Bank was heavily focused on banking crypto companies. Truity doesn't participate in high-risk investments. Loans make up the majority of our balance sheet structure.

What if I have more than $250,000 on deposit?

A Member Service Representative can review your accounts and coverage. You might have additional coverage depending on ownership and beneficiaries. Example: One account owner with four beneficiaries is insured for $1,000,000.

Credit union deposits are protected by the National Credit Union Share Insurance Fund and insured up to at least $250,000 per depositor—the same as any other federally insured financial institution. Credit union members have never lost a penny of insured savings at a federally insured credit union.