Credit Unions Vrs Bank CD's

[modhatter]

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?

 

[uncledrz]

NCUA is backed by the full faith and credit of the US Treasury, same as FDIC
http://www.ncua.gov/

 

[FinanceDude]

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.................