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Credit Unions Vrs Bank CD's
Old 10-05-2006, 02:05 PM   #1
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Credit Unions Vrs Bank CD's

Most of the credit unions have their own form of insurance to $100,000 the same as the FDIC. Does anyone have any opinions or knowledge on the safety of these compared to FDIC?
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Re: Credit Unions Vrs Bank CD's
Old 10-05-2006, 02:15 PM   #2
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Re: Credit Unions Vrs Bank CD's

NCUA is backed by the full faith and credit of the US Treasury, same as FDIC
http://www.ncua.gov/
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Re: Credit Unions Vrs Bank CD's
Old 10-05-2006, 02:15 PM   #3
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Re: Credit Unions Vrs Bank CD's

Quote:
Originally Posted by tio z
NCUA is backed by the full faith and credit of the US Treasury, same as FDIC
http://www.ncua.gov/
Which are both better than FSLIC...............did I really say that? My bad.................
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