Media Advisory

Fryzel Tours South Side Community
Federal Credit Union

September 29, 2008, Alexandria, Va. – National Credit Union Administration (NCUA) Chairman Michael E. Fryzel toured South Side Community Federal Credit Union in Chicago today.

The tour was a continuation of Chairman Fryzel’s outreach to the credit union industry during his first months in office. “I am impressed with South Side Community FCU’s outreach to the community.  The variety of services and dedication to member-ownership and cooperation provides an important financial alternative for this community,” commented Chairman Fryzel. 
The National Credit Union Administration is the independent federal agency that regulates charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 87 million account holders in all federal credit unions and the majority of state-chartered credit unions.

-NCUA-