Ask The Banker: Is your bank financially secure?

KEZI 9 News talked to Oregon Pacific Bank President and CEO Ron Green to learn more.

Posted: Apr. 1, 2019 4:52 PM

EUGENE, Ore. – If you’re unsure about the safety of your bank, there are steps you can take to ease your mind.

KEZI 9 News talked to Oregon Pacific Bank President and CEO Ron Green to learn more.

How do I know if my bank is safe?

In today’s economic environment, Green says just about every financial institution is safe and sound. There’s also the Federal Deposit Insurance Corporation (FDIC) insurance that supports your deposits.

Green suggests contacting your banker and making an appointment to sit down and go over the bank’s financial statements. You can even ask to see the CEO.

If you want to check an independent source, go to bauerfinancial.com or bankrate.com. Both of those resources will give you a rating on the bank’s safety and soundness.

If you have a banking or finance question for Green, click here

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