4 ms·
It seems possible any deposit-taking financial institution could have made the same mistake as SVB, be they a bank or credit union or anything else. I don't th
by SkyMarshal 4y ago
It seems possible any deposit-taking financial institution could have made the same mistake as SVB, be they a bank or credit union or anything else. I don't think merely being a credit union will shield them from this. They may have some by-laws though that do protect them, but that's on a case-by-case basis.
- FormerBandmate 4y agoYou can look up call reports to see how much exposure they have to long-dated treasuries. Most major credit unions have almost nothing, and they also don’t have nearly the amount of depositors above $250k so they’re not really vulnerable to bank runs
- SkyMarshal 4y agoThanks. Looks like you can find call report data for all credit unions here: https://ncua.gov/analysis/credit-union-corporate-call-report-data https://ncua.gov/analysis/credit-union-corporate-call-report...
- triyambakam 4y agoCan anyone clarify how to look at this data? There are a few different reports. What would I look for to see how healthy my credit union is?
- crabmusket 4y ago*by-laws
- SkyMarshal 4y agoThx, fixed :)