Like most Canadians, TEUCU members are worried about the current turmoil in the financial markets. Many want to know if their credit union remains sound and reliable, and whether their deposits are safe. The answer to both questions is: yes.
Below please view a short video with commentary by the following Central 1 Credit Union employees: Richard Thomas, Senior Vice-President, Government Relations & Corporate Secretary; Charles Milne, Vice-President, Treasury & Funding Services; and Helmut Pastrick, Chief Economist.
This video provides a credit union perspective on the current market turbulence. Key points covered include credit union stability, the economic situation, and credit union regulations and deposit insurance.
You can view the video at: http://www.youtube.com/watch?v=OiiI9_CKZzA
