Landmark Credit Union

Information may not be reliable

LANDMARK CU IS YOUR FULL FINANCIAL SERVICES CREDIT UNION! VISIT US TODAY FOR ALL YOUR FINANCIAL NEEDS.

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If you receive one of these phishing emails, DO NOT CLICK ON THE LINK. The safest rule is to never follow web links in unsolicited e-mails from unknown parties or from parties with whom you do not normally communicate, or that appear to be known but are suspicious or otherwise unusual.

If malicious code is detected or suspected on a computer, consult with a computer security or anti-virus specialist to remove malicious code or re-install a clean image of the computer system. Always use anti-virus software and ensure that the virus signatures are automatically updated.

Ensure that the computer operating systems and common software applications security patches are installed and current.

Be alert for different variations of fraudulent e-mails.

Your Insured Funds
q ASI insures each and every account of an individual member to $250,000 without limitation as to the number or nature of the accounts held. (See example of coverage below).

q No credit union member has ever lost money in any ASI-insured credit union.
q ASI is owned by credit unions and only insures credit unions. Currently, over 1.5 million individual consumers belong to credit unions insured by ASI.
q Like the credit unions it insures, ASI is safe and sound. The companys equity ratio of 1.49% is greater than that reported by federal deposit insurance funds.
q ASI does not hold any collatarized mortgage obligations (CMOs) or any of the types of exotic investments that created the need for the $700 billion bailout of AIG, Goldman Sachs and other investment firms currently under consideration by the US Congress, nor does it insure or guarantee the performance of such securities to any parties.
q ASIs balance sheet exhibits solid characteristics with 25% invested in cash and cash equivalents, 70% in U.S. government-guaranteed agency bonds and US Treasuries, and 5% in other assets (certificates of deposit, accounts receivable, building and other fixed assets).
q ASIs insured credit unions generally have little or no investments in CMOs, nor do credit unions buy the types of exotic investments associated with the recent and well-publicized failures of some of the nations largest investment firms, banks and thrifts.
q ASIs insured credit unions hold little or no sub-prime mortgages, as confirmed by our numerous on-site field examinations.
q ASI is not assigned a traditional insurance industry rating by companies like A.M. Best or Standard and Poors due to the limited number of companies in our industry. Financial data and other information are supplied to the key rating services annually for their review and analysis.
q ASI is selective as to who it insures. Not all credit unions that apply for coverage are accepted due to ASIs strict underwriting standards.
q The ASI insurance fund provides your credit union with a strong, high-quality program that can sustain regardless of changes in economic conditions - a program that members can trust and rely upon!

Landmark Credit Union is pleased to provide each of your depository accounts with $250,000 of protection through American Share Insurance (ASI), the nations largest private insurer of credit union savings.

Also the Board of Directors of Landmark has chosen to acquire additional coverage from Excess Share Insurance Corporation (ESI) for account balances exceeding $250,000. This extended level of protection provides an additional $250,000, meaning that each reported account in this credit union is protected up to $500,000 the highest limit of savings protection available to credit union members.

There is no limit to the number of accounts you may have with Landmark and still maintain this extra measure of protection. Excess coverage is specifically designed to free you from concern about the nature and extent of insurance on your savings account balances.

ASI is a credit union-owned, mutual share guaranty corporation and has insured savings of credit union members since 1974. ASI is the largest non-federal insurer of deposits.

ASI operates as a business partner with your credit union to assure that member needs are met in a safe and sound manner. It routinely monitors and examines your credit union and, as a licensed share guaranty corporation, is subject to an annual statutory examination by the Ohio Division of Financial Institutions.

ASIs primary share insurance program is available only to state-chartered credit unions, whereas both federally and state-chartered credit unions may apply for excess share insurance.

Excess Share Insurance Corporation is a property and casualty insurance company solely owned by American Share Insurance, licensed by the Ohio Department of Insurance, and is approved to operate in Alabama by the department of insurance.

Excess coverage is particularly unique to the credit union industry. Only credit unions meeting the highest standards are eligible for this extended protection. This insurance can be terminated by either the credit union or by ESI; however, you must be notified in writing of any change in the insured status of your accounts.

If you are uncertain about either the nature or the amount of your savings insurance protection, please contact us. You are also welcome to contact either ASI or ESI directly.

The Mission of Landmark Credit Union as a member owned non-profit organization, is to provide competitive financial and related services of the highest quality to its members in a manner consistent with sound business practices. Our goal is to become a full service family financial center on which members can rely for all their financial needs.