A Message from our CEO
As a member of Oklahoma Federal Credit Union, YOU should be proud of what YOUR credit union has accomplished. Oklahoma Federal is one of the highest rated credit unions in the country. Together, we have built a financial institution that remains a safe place to keep your money, despite the economic trials that face our country. Rest assured knowing that Oklahoma Federal has never participated in risky investments or lending. As a result, we have continued to grow and offer great loan rates, higher dividends and increased member services. The next time you are in a branch, be sure to look for the financial statements that are posted.
Virtually all credit unions are federally insured by the National Credit Union Share Insurance Fund that is backed by the U.S. Government (like the FDIC). The NCUSIF insures a member’s account up to $250,000. Higher coverage is available for members who have a combination of individual, joint, trust, payable-on-death and other types of accounts. There is also separate coverage of up to $250,000 for IRAs. Above and beyond that, Oklahoma Federal provides each member with an additional coverage through Excess Share Insurance (ESI). All of this is to say, that as an Oklahoma Federal member, you have placed your money and your trust in a strong and safe financial institution that continues to work to serve its members. As always, if you have any questions or concerns, feel free to contact me or the credit union. We will be happy to answer your questions.
— Tim J. DeLise, President/CEO