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Sandia Area Go to main content

Financially Sound

Your savings are federally insured to at least $250,000 – or much more.

Your funds are safe here

Despite the current economic climate, Sandia Area’s financial position continues to be strong. As one of our members, you can rest assured that your money and financial services are in a very safe and very healthy credit union. 

Sandia Area has been serving the financial needs of this community since 1956. We are strong, stable, and well-positioned to help our members with all of their saving and lending needs. 

You can also rest assured your funds are safe since we are federally insured by the NCUA, the National Credit Union Administration. The NCUA is an independent agecy of the United States government that regulates, charters, and supervises federal credit unions. The NCUA also operates and manages the national Credit Union Share Insurance Fund (NCUSIF), which insures the accounts of millions of account holders in all federal credit unions and the vast majority of state-chartered credit unions. 

The NCUSIF is one of the strongest insurance funds in the land.

No federal tax dollars have ever been placed in the credit union financial fund, and not one penny of insured savings has ever been lost by a member of a federally insured credit union. You can feel safe knowing NCUSIF insurance is protecting your share accounts, dollar for dollar, including principal and accrued interest, up to the insurance limit. 

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