Best Reward FCU deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.
NCUA
Best Reward FCU maintains a 5-STAR Superior BauerFinancial Rating.
BauerFinancial
Best Reward FCU has a Better Business Bureau A+ Rating and has been in business for over 65 years.
BBB
Federally insured credit unions offer a safe place for you to save your money, with deposits insured up to at least $250,000 per individual depositor. Deposits at all federal credit unions and the vast majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund protection, and not one penny of insured savings has ever been lost by a member of a federally insured credit union.
NCUA Consumer Report: Share Insurance Overview
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The Vision of Best Reward FCU is to be our members’ TRUSTED financial institution and we believe that trust is built on the following 5 pillars:
Safety and Soundness – This is accomplished by maintaining a capital ratio that is at or above the designation of a well capitalized credit union, maintaining a risk management culture to manage any unforeseen adverse events, and remaining in compliance with all laws, rules, and regulations.
Transparency – This is accomplished by presenting financial statements in a timely and accurate manner, presenting product disclosure that is clear and easy to read and understand, assessing and communicating any risks in a timely and accurate manner, and providing a clear delineation of roles and responsibilities.
Respect – This is accomplished by treating all members with equal respect regardless of the depth of their relationship with the credit union and treating all employees with respect regardless of their title or pay grade.
Effective Solutions – This is accomplished by offering solutions that are in the best interest of our members' financial health and making financial education and other resources available to help our members' make prudent financial decisions.
Relationship Building – This is accomplished by proactively developing member relationships and rewarding members who over time show trust and deepen their relationship with Best Reward.