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ROUTING NUMBER 073902436
To our valued customers,
As many of you know, Silicon Valley Bank (SVB) and Signature Bank, were closed by the FDIC in recent days. SVB, a California bank, focused on working with financial technology companies and venture capitalists. Signature Bank, a New York bank, was engaged with cryptocurrency. In addition to concentrated customer bases, these banks also took imprudent interest rate risks.
I want to assure you that Midwest Heritage is stable and secure. Midwest Heritage is well-capitalized and we have a strong liquidity position. We go to great lengths to keep our portfolio of assets and liabilities balanced to avoid concentrations in any one sector or industry. Our strong capital base and prudent risk management practices have protected against potential risks.
During times of uncertainty, fraudsters will take advantage of the situation. As always, it is important to protect yourself and your confidential information.
We are grateful for your trust in us and we remain committed to keeping your deposits and investments safe. If you have any questions or concerns, please don’t hesitate to reach out to our team.
Thank you for choosing Midwest Heritage!
Chairman, CEO & President
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