KFCU News Alerts

KFCU is excited to announce that we are upgrading our Bill Payer program. The system will be unavailable beginning Saturday, September 19 at 6:00 p.m. Eastern Time while we undergo conversion. We anticipate that it will be available and fully functional on the morning of Tuesday, September 22. Please plan your transactions accordingly. Thank you for using Bill Payer.

March 2009 - Credit Unions in the Media

There has been substantial press coverage about two "corporate" credit unions that were taken over by the National Credit Union Administration (NCUA). Here are some points we want you to know:

• These two credit unions that are located in Kansas and California are "corporate" credit unions. They are not regular credit unions like ours that serve individual consumers. Instead, they provide various services to regular credit unions. Over the weekend these credit unions were placed into conservatorship, which means they are still operating, but are now being managed by the NCUA.
• What does this mean for members like you? It's business as usual. The same level of quality service you receive from Keystone Federal Credit Union will continue. Our service to you is not affected by these government actions.
• Your funds are perfectly safe. Keystone FCU is federally insured up to $250,000 by the National Credit Union Share Insurance Fund and backed by the full faith and credit uf the U.S. Government. No credit union member has ever lost a penny of federally insured funds.

Although there has been much media coverage of the current economy and how it it is affecting financial institutions, Keystone Federal Credit Union maintains a strong capital position and will continue serving you, our member, with a wide variety of services to help you meet your financial goals.

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