3 ms·
it does not, credit unions are not members of the FDIC. They are members of the NCUA, which serves the same purpose as the FDIC for credit unions
by mixdup 4y ago
it does not, credit unions are not members of the FDIC. They are members of the NCUA, which serves the same purpose as the FDIC for credit unions
- bombcar 4y agoIf anything they’ll benefit slightly by being able to offer slightly higher rates. Though hopefully the total cost after everything is worked out is vanishingly small - otherwise we have a much larger problem.