How safe is YOUR Credit Union--VERY SAFE
There have been some rising concerns about the banking industry and that some may go under. Here are a few important facts about Gateway that should ease your mind:
7% in reserves is required to be considered well capitalized.
o Your credit Union has over 11% in reserves
The national average of delinquent loans is 1.36%
o Your Credit Union only has .51%
There have been some rising concerns about the banking industry and that some may go under. Here are a few important facts about Gateway that should ease your mind:
7% in reserves is required to be considered well capitalized.
The national average of delinquent loans is 1.36%
o Your Credit Union only has .51%
