Pittsford FCU Financially Sound

After a year of managing the challenges associated with the pandemic, members may be wondering what has changed for Pittsford FCU. We are aware that some businesses were unable to endure the many changes that COVID-19 invoked, and that certainly might trigger some concern about the safety of your finances. Pittsford FCU is grateful to report that your Credit Union remains financially sound. In fact, as a result of your confidence and trust, our assets grew from $418,573,444 in 2019, to $484,043,748 at the end of 2020 – a growth rate that far exceeds our average.

Another important consideration is that there are many systems in place to keep your money safe while it is entrusted with the Credit Union. Your accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA). That means that if something were to ever happen to the Credit Union, your insured money would remain secure. If you have more than $250,000 in your account(s) and you are interested in understanding how to structure your accounts in order to maximize the share insurance coverage available, please call or visit a branch. NCUA has an online tool which you may find helpful at MyCreditUnion.gov/insurance-estimator-home.

Finally, our full financial report is always available for review. Please visit either branch or our website at PittsfordFCU.org/About. Earning and maintaining member trust is essential to delivering world-class service, so please feel free to reach out with any questions or concerns.