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Safe, sound, and here for you.

You may have seen recent news headlines about the instability of a few banks and have concerns about the potential impact on Trailhead or our members. Please rest assured that your funds deposited in this credit union are safe.

Trailhead does not engage in risky investments with member deposits. We have well established and regulated required limits on our exposure to a certain sector and therefore have a well-diversified portfolio to mitigate any potential losses from an economic downturn. In the last year, we have additionally built our reserves to beyond required limits in order to protect our member deposits in anticipation of a potential recession in the coming year. The failed banks had unique and heavily concentrated portfolios, focused on tech, venture capital, and cryptocurrency interests.

Trailhead Credit Union is safe and sound. We exceed regulatory standards for well-capitalized financial services providers. We go through multiple audits, risk assessments, and various shock scenarios that we examine on a monthly basis. We are well-positioned to meet our members’ financial services needs, including loans and savings opportunities.

Members’ deposits are safe with Trailhead. Our members’ deposits are federally insured by the National Credit Union Administration (NCUA) up to $250,000 per individual depositor. For more information on federally insured deposits, please visit https://mycreditunion.gov/share-insurance

Please reach out to us if you have questions or concerns.
Call 503.220.2592 or send a secure message through Digital Banking if you have further questions. Additionally, you may be interested in learning more about the difference between credit unions and banks.

Trailhead remains safe, sound, and committed to standing by our members. We are grateful for the opportunity to serve you and value your loyalty and trust.