Are Credit Unions As Safe As FDIC-Insured Banks?

Posted on September 28, 2008 by Ilyce Glink

Do you have funds in a credit union? Wondering if they’re as safe as FDIC-insured banks?

Credit Unions have insurance for deposit accounts that is very similar to FDIC insurance. Here’s the link to a calculator to tell you whether your funds are safe: webapps.ncua.gov/ins/

September 28, 2008


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