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Dear Member, NAFT Federal Credit Union would like to assure you that your investments are safe with us. With recent news focusing on the difficulties some financial institutions are currently experiencing, many consumers are becoming concerned about the safety of their money. At NAFT Federal Credit Union, we would like to put your worries at ease by letting you know the facts about federal share insurance and where NAFT FCU stands in regards to these current issues: • • • • • • • • • • • • • NAFT FCU is federally insured by the NCUA (National Credit Union Administration), a U.S. Government Agency. The NCUSIF (National Credit Union Share Insurance Fund), governed by NCUA, insures member accounts up to $250,000. If structured correctly, it is possible for members to have more than $1 million in share insurance coverage. We invite you to come into the Credit Union so we can advise you how to structure the accounts if you have over $250,000 in deposits with us. Never has a member of a federally insured credit union like NAFT FCU lost any of their insured savings. Mortgage loans, which have been the cause of many of the current problems facing financial institutions, account for only .07% of NAFT FCU’s total loan portfolio. NAFT FCU is very conservative when approving mortgage loans, land loans and home equity loans as part of its line of products and services. NAFT FCU has never been involved in granting sub-prime mortgages. NAFT FCU has never had any write offs in our mortgage loan portfolio. Home equity loans account for only 2.18% of our total loan portfolio. NAFT FCU’s total delinquency ratio for loans is 1.24% which by NCUA standards falls within their highest rating for a credit union. NAFT FCU’s Net Worth is currently 10.61%, which by NCUA standards is well capitalized. Any ratio below 7% must have a capital restoration plan in place. The Board of Directors has a policy that states this credit union will not go below 8% in net worth. NAFT FCU has consistently received the highest ratings from the NCUA, the federal regulatory agency for federal credit unions. NAFT FCU has an Asset Liability Management Committee assigned to mitigating the credit union’s investment risk. This committee assesses each investment company’s status each year and reports any changes to the board of directors. All credit unions are required to place the previous month’s balance sheet in a conspicuous place at every office of the credit union. For more information on NAFT FCU’s financial performance, monthly financial statements may be viewed at: http://ncua.gov/indexdata.html by entering “NAFT” in the name field and then clicking the “find” button. For 52 years, NAFT Federal Credit Union has dedicated itself to providing safe and quality services to our members. We value the trust you have placed in us and we look forward to continuing to provide our services to you. For any additional questions or to determine your insurance coverage by using the NCUA insurance estimator, you can contact us directly at (956)787-2774 or you can visit http://webapps.ncua.gov/ins/. Thank you, Suzy Brinkman-Doughty President and CEO