Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Credit Unions Vrs Bank CD's
Old 10-05-2006, 01:05 PM   #1
Full time employment: Posting here.
 
Join Date: Aug 2005
Posts: 945
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?
modhatter is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Credit Unions Vrs Bank CD's
Old 10-05-2006, 01:15 PM   #2
Full time employment: Posting here.
 
Join Date: Mar 2005
Posts: 557
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/
uncledrz is offline   Reply With Quote
Re: Credit Unions Vrs Bank CD's
Old 10-05-2006, 01:15 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,483
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.................
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
FDIC/NCUA insurance question (re: Pentagon Federal) magellan_nh FIRE and Money 24 01-10-2007 04:22 PM
Bank vs. CU CDs Mysto FIRE and Money 9 06-14-2006 12:28 PM
Millenium Bank: 7.5% CDs Rich_by_the_Bay FIRE and Money 1 02-26-2006 07:41 PM
Corus Bank Short Term CDs on the move again MJ FIRE and Money 8 07-21-2005 04:41 PM
Credit Qs on PBHG's annual report (31 Mar 04) Nords FIRE and Money 1 07-28-2004 05:02 AM

» Quick Links

 
All times are GMT -6. The time now is 04:21 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.