CityMark FCU has been serving our members and communities in the heart of the west for over 63 years. We remain prepared to protect member finances by offering excellent share insurance, maintaining a strong balance sheet, and keeping reserves well above the required level.
We are proud of CityMark’s financial position and are always open to review this with any member.
Share Insurance
All deposit accounts at Sierra Pacific FCU are insured up to $250,000 per account holder and ownership group.
Insured up to $250,000 by the National Credit Union Administration (NCUA), the federal agency that regulates all U.S. credit unions. Click here to learn more.
This exceptional level of coverage is provided at no additional cost to you, and protects member deposits in the unlikely event that this institution should fail.
Learn About Your Share Insurance
3rd Party Safety Ratings
CityMark is proudly recommended by all major industry safety and soundness organizations.
DepositAccounts.com
A rating.
Bauer Financial
5 Star Rating - Superior (These institutions are recommended by Bauer.)
S&P Global Market Intelligence
Top 100 Credit Unions - 2022
BankJoy
Top 100 Credit Union - 2022
Glatt Consulting
#2 Credit Union in the USA
#1 Credit Union in our peer category ($100-$500 Million)
Well capitalized
Capital are funds set aside as reserves against shocks, like recessions.
The NCUA defines Sierra Pacific FCU as a “well capitalized” institution*. The minimum requirement for this NCUA definition is a 7% Capital Ratio (Capital/Total Assets).
As of March 31, 2023; CityMark’s Capital Ratio was 13.85%.
This ratio is reported quarterly on the NCUA website. CityMark’s charter number is 14074
*As defined by the NCUA, part 702 of the Rules and Regulations