Valley Strong says, starting March 18, some of their branches will open early to assist seniors.
Valley Strong Branches to Open Early
In the wake of coronavirus (COVID-19), Valley Strong Credit Union will open some branch
locations 30 minutes early in an effort to assist seniors who may have more difficulty conducting
Beginning Wednesday, March 18 through Tuesday, April 14, Valley Strong will open all
Bakersfield and Delano branch locations at 8:30 a.m. In doing this, the Credit Union joins other
retailers in recognizing the need to devote more resources to at-risk consumers.
“Members and team members remain our most important asset, and deserve our best efforts
during these trying times,” said Valley Strong President/CEO, Steve Renock.
This move also reassures consumers and the community their money is safe with a financially
healthy institution. As of February 29, Valley Strong’s net worth stood near 10%. Based upon net
worth guidelines set by the National Credit Union Administration (NCUA), any financial institution
exceeding 7% net worth would be considered “well capitalized.”
“We are well positioned financially and federally insured,” added Renock. “That means there’s
plenty of cash and services available to serve people’s needs.”