Message from the Mission Fed CEO

Dear Valued Mission Federal Members,

Debra SchwartzNot all the financial news is negative. Mission Federal is here to bring you good news! Though we are in a time of financial uncertainty, rest assured that your credit union—Mission Federal Credit Union—remains safe, sound, secure, and is here to support you, our valued member.

The Strength of Our Financial Performance…Mission Federal Credit Union is leading the way in financial stability. We have maintained a capital ratio that is well above the 7.00% required by the NCUA, our credit union regulator to be considered “well capitalized”, the highest rating. Our high level of capital ratio means that you can trust that Mission Federal is prepared to withstand unforeseen economic circumstances. Our healthy financial reserves and improvements in our day-to-day operations make us the credit union of choice.

A Financial Safe Haven…Today more than 130,000 Mission Federal members all over San Diego County take advantage of our competitive loans, savings accounts, investment opportunities, insurance products, and services. Our “Safe, Sound, Standing by You” multimedia message is what we are and what we do for our members. We are proud of the genuine value we are creating for our members which has resulted in unprecedented and record-setting member growth—a testament to the safety and security of Mission Federal Credit Union.

We Are Here for You…You can count on us to make sure your deposits are safe and secure during tough times. A recent increase in insurance coverage, from $100,000 to $250,000 per account, provides our members with an additional layer of comfort.

Even during challenging times such as these, Mission Federal continues to give back to our community. This year, we again are the proud title sponsor of the Mission Federal Memory Walk for Alzheimer’s, Mission Federal’s ArtWalk—San Diego’s largest community cultural event scheduled for April 2009—as well as serving as committed supporters of The Classroom of the Future Foundation, San Diego Unified School District’s Salute of Excellence Awards, and Cox Heroes Scholarships. We also provide community support in the areas of financial education, college preparation programs, and “Mission to Succeed” scholarships, to name just a few.

Thank You for Your Support and Commitment to Mission Fed…On my visits to our branches with the senior management team, it is inspiring to hear the personal stories of how we are serving our members and going the extra mile to deliver the Mission Fed difference.

If there is anything we can do to make your experience better, please let us know. If we are doing a good job for you, please take a moment to share your story with friends, relatives and neighbors who might also benefit by becoming a Mission Fed member.

Your Mission Is OUR Mission!

Debra Schwartz
President and CEO

Insurance products are offered through Mission Federal Services, LLC., a wholly owned subsidiary of Mission Federal Credit Union.