A Message to our Members from CEO Jennifer Kutcher

WECU is safe and sound, as is your money.

You may have heard about the recent financial disruption occurring in the market, including the regulatory seizure of Silicon Valley Bank. WECU has no direct exposure to Silicon Valley Bank or any other bank currently under regulatory scrutiny. WECU, being a credit union, has a different approach to banking. We do not engage in market speculation and manage your money to the highest standards and best-practices dictated by Federal regulatory agencies.

Simply put, WECU is soundly managed, well-capitalized and continues to be in a strong financial position to support sustainable growth on behalf of our membership. It is a point of ongoing pride that WECU has been recognized for several years by DepositAccounts.com as one of the Top 200 Healthiest Credit Unions in the Nation, with an overall health rating of “A.” We do not take our responsibilities lightly and each day do our best to make a meaningful difference in the lives of our members and the local communities that we respectfully serve.

Thank you for your continued membership and confidence.

Sincerely,

Jennifer Kutcher,

President and CEO

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