Credit Unions Keep Your Money Safe
Did you know that credit unions offer the safety of government-backed deposit insurance, just like banks?
The difference is that, while banks are insured by the Federal Deposit Insurance Corporation, almost all credit unions are insured by a fund administered by the National Credit Union Administration.
In both cases, your money is fully insured up to $250,000 per person, per account type, per institution.
So, your money is safe – even at the smallest credit union.
Credit unions pool their resources in other ways as well, with things like shared ATM and branch privileges.
With CUs, you get the best combination of hometown, local service with nationwide convenience and security.
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