75 Years of Stability  

On March 25th, TTCU held its 75th Annual Meeting and presented the 2009 Annual Report. While celebrating our 75th Anniversary in 2009, we are pleased to report that your credit union posted record asset growth, while our capital reserves remain very strong at 13.8% of assets. In 2009, TTCU was exceptionally well-prepared for today's unstable economy and as such we continued to grow in spite of the economy making TTCU one of the safest financial institutions in the nation.

With last year's events in the banking and mortgage industries, you may have wondered if your funds are safe at TTCU. The Board of Directors and Management team are committed to keeping our members' funds safe by ensuring that TTCU maintains the highest ratings possible. TTCU has earned a Five-Star rating (highest possible) from Bauer Financial Reports, Inc. for many years.

Another key indicator of stability and security for financial institutions is the Capital Ratio. At the end of the last quarter of 2009, TTCU's Capital Ratio was 13.8%, almost double the regulatory requirements of 7%. This is important since deposit insurance only comes into effect after an institution's reserves are depleted. In addition, the National Credit Union Administration (NCUA) insures your shares up to $250,000.

What's old is new again. We've never lost sight of our mission and we stand ready to serve your family's financial needs as we begin this new decade.