|Effective Date: 7-1-15|
|New Auto||Up to 60 months||1.99% APR|
|Loan Special||Up to 12 months||5.90% APR|
|Home Improvement||Up to 60 months||6.75% APR|
TO THE MEMBERS OF VALLEY STATE CREDIT UNION
The Michigan Department of Insurance and Financial Services (DIFS) placed Valley State Credit Union into conservatorship on August 17, 2016 and appointed Deputy Director John J. Kolhoff as conservator.
Service continues uninterrupted at Valley State Credit Union and your accounts can continue to be accessed through any means already established. Members are free to make deposits, access funds inside offices or through Valley State Credit Union and affiliated ATMs, take loans, make loan payments and use share drafts or debit cards.
Accounts at Valley State Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by NCUA, the Share Insurance Fund insures individual accounts up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund separately protects IRA and KEOGH retirement accounts up to $250,000. The Share Insurance Fund has the backing of the full faith and credit of the United States.
The credit union will remain open for business as usual. To contact the credit union call 989-793-5943. Please continue to mail correspondence to:
Valley State Credit Union
2686 McLeod Drive North
P.O. Box 5366
Saginaw, MI 48603
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