Recently there have been several events in the news highlighting the changes in our economy and, most significantly, the credit market. High commodity prices, low interest rates from the Fed, a weak dollar, bank failures and the fallout from the sub-prime mortgage market have been in the news daily. How does this impact UARK Federal Credit Union?

We want you to know that your credit union is safe and sound. UARK makes responsible lending decisions and has conservative investment policies. UARK is regularly audited by independent auditors as well as federal examiners. We continue to receive excellent ratings for financial soundness. In fact, we are proud to say that UARK is among the healthiest of our peers.

Each member’s funds are insured, by the NCUA, up to $250,000. Recent legislation increased the insurance coverage on certain retirement accounts up to $250,000. You may obtain additional separate coverage on multiple accounts, if you have different ownership interest or rights established. Not one penny of insured savings has ever been lost by a member of a federally insured credit union! If you would like more information about NCUA insurance visit www.ncua.gov or email us.

We do realize that the slowing economy may have a negative impact on some of our members. UARK is strong and prepared to help members make it through tough economic times. Please do not hesitate to let us know if you need our help.

The National Credit Union Administration recently granted UARK Federal Credit Union the addition of an Underserved Charter for the City of Fayetteville. This means that anyone living, working, attending school, worshiping, volunteering or owning a business inside the City of Fayetteville can become a member of UARK! This addition will provide future growth opportunities. While growth is secondary to UARK’S primary mission to provide excellent service to its membership, growth can be necessary in order to stay competitive in offering new, technologically advanced services. Be sure to tell your friends and neighbors in the City of Fayetteville about your credit union; we would love to serve them too!

Member Survey

Member feedback is very important to us. We value the thoughts and opinions of our members and encourage participation.
The survey will help UARK Federal Credit Union determine how to better serve our members.