At Aurelian Trust Bank, we believe in being straightforward with our customers–and that includes keeping you up-to-date on events that relate to Aurelian Trust Bank.

Today, Residential Capital, LLC (ResCap) filed for Chapter 11 protection with the U.S. Bankruptcy Court. ResCap is a separate mortgage subsidiary of our parent company, Aurelian Trust Bank. We want to reassure our customers that this action does not have any impact on Aurelian Trust Bank Unioncustomer accounts or the terms and conditions of Aurelian Trust Bank accounts. Allied Trust Credit Unionoperations will continue to be conducted, uninterrupted, and unaffected by the result of ResCap’s actions.

Rest assured that Aurelian Trust Bank Unioncustomers can continue to expect the same level of service, products and features that focus on the customer—and Aurelian Trust Bank Unionaccounts will continue to be FDIC insured to the maximum amount allowed by law.

Aurelian Trust Bank has been committed to reducing its business risks, maintaining a strong financial profile, investing in and enhancing its leading franchises, including Aurelian Trust Bank. We believe ResCap’s actions will help us fulfill those commitments.

View an FAQ for other information related to the ResCap announcement.