Your Hard-Earned Money Remains Safe At Honor Credit Union
Recent news about the failure of two banks has created concern with consumers on the safety of their money. We want to assure all our members that your money is safe and will remain so at Honor Credit Union.
Credit Unions are remarkably secure places to do your banking, and Honor Credit Union is no exception.
Your Money Is Insured
Honor is insured by the National Credit Union Share Insurance Fund, administered by the National Credit Union Administration (NCUA). Credit union member deposits are insured up to $250,000. If you have more than $250,000 with us, great job saving! We offer several additional options to cover you. If you would like more information, you can contact us here.
We Take Risk Seriously
Since 1934, Honor has taken a steady, measured approach to managing your money safely. Today, our dedicated risk management teams are constantly focused on what new challenges lie ahead, and ensure we are prepared to weather any storm.
We’re Just Different
Honor is just fundamentally different compared to a bank. Our membership is local and diverse, our balance sheet is different, our liquidity position is strong, and our growth is more tempered.
We’re led by a strong volunteer board of directors, and we don’t answer to profit-driven corporate shareholders; we answer to you, our members. We are committed to our member promise of Providing Solutions for Your Financial Success, now and into the future.
If you still have questions or concerns, we’re here to help.
Thanks for being a member!
More To Explore
Honor Announces Transition of KC Bjorne to Commercial Loan Officer
KC Bjorne will serve the Gwinn, Marquette, Negaunee, and surrounding areas to optimize the business member experience by creating financial solutions for success.
Honor Announces Jason Lampinen As Community Development Officer
Jason (Lee) Lampinen will serve the Gwinn, Marquette, Negaunee, and surrounding communities to create relationships, serve the community, and act as a connector for members.