A Message From The CEO
As a member of Oklahoma Federal Credit Union, YOU should be proud of what YOUR
Credit Union has accomplished. As one of the highest rated credit unions in the country,
together, we have built a financial institution that in spite of the economic trials that face
our country, Oklahoma Federal remains a safe place to keep your money. Please be
re-assured, that Oklahoma Federal has never participated in risky investments or lending
and as a result, we have continued to grow and offer great loan rates, higher dividend rates
and increased services to members. We are on track to end 2012 stronger than ever. I
encourage you to visit one of our branches to review our financial statements which are
posted at each location.
Virtually all credit unions are federally insured by a fund that, like the FDIC, is backed by the
U.S. Government. As the FDIC does for banks, the National Credit Union Share Insurance
Fund (NCUSIF) insures a member's account up to at least $250,000- with higher coverage
available if the member has 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. Then
above and beyond that, Oklahoma Federal provides each member with an additional
coverage through Excess Share Insurance (ESI). All of this to say, that as a
member of Oklahoma Federal, you have placed your trust and your money in a solid, strong
and safe financial institution that continues to work to serve our members.
As always, if you have any concerns or questions, feel free to contact me or the
Credit Union. We will be happy to answer your questions.
Tim J. DeLise, President/CEO