A message from our President/CEO, Kathleen
Romane, about the financial well being of Lacamas Community Credit
Union:
In today’s economy—with the
mortgage crisis, bank failings and stock market upheaval making
headlines—it’s understandable that consumers are wondering if their
money is safe at their financial institutions. I recognize your
concerns, and I’d like to reassure you about Lacamas Community
Credit Union.
- LCCU regularly exceeds regulatory requirements. Orth,
Chakler, Murnane and Company (OCM) audits us annually, and our
most recent audit confirmed that LCCU is in good financial
condition.
- We recently received high marks from the Washington State
regulator and the National Credit Union Administration during
our most recent examination.
- LCCU does not make subprime or exotic loans.
- LCCU has been here for over 72 years, and remains steadfast
in our commitment to our members and our community.
- Your deposits are insured by an agency of the federal
government, the National Credit Union Administration (see below
for more information about NCUA Insurance).
As the first
credit union established in Southwest Washington back in 1936,
Lacamas Community Credit Union is a strong, well-capitalized
financial institution and we have focused on providing personal
service to members for more than 72 years. If you’re uncertain about
your current financial institution or looking for a better banking
relationship, I personally invite you and your family to join us
today if you live or work in Southwest Washington.
Please take some time to look over our recent
Annual Report and do not hesitate
to contact us with any questions at (360) 834-3611 or (888)834-3611
or
email us.
NCUA Insurance
Your funds are automatically insured at Lacamas Community Credit
Union through the National Credit Union Administration (NCUA). Your
savings are federally insured to at least $250,000 by the NCUA and
backed by the full faith and credit of the United States Government.
Accounts maintained in different rights, capacities or forms of
ownership may each be separately insured up to at least $250,000.
You may also calculate your insurance coverage at the
NCUA website.
IRAs and IRA Certificates are separately insured by NCUA up to
$250,000.
Calculate your own insurance coverage using the
NCUA Share
Insurance Estimator.
For more information, including FAQs about NCUA's share
insurance, visit the NCUA web site.
Go to NCUA.gov »
