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10 States Allow Credit Unions To Skip NCUA Insurance
・Not all credit unions are insured by the National Credit Union Administration (NCUA). Around 125 operate under private insurance. ・Ten states allow credit unions to opt for private insurance, which ...
The NCUA (National Credit Union Administration) insures credit union deposits up to $250,000 per depositor, per institution, per ownership category. NCUA insurance provides the same protection as FDIC ...
Most U.S. credit union members probably know the National Credit Union Administration as the independent federal agency that insures their deposits. Beyond that, the NCUA — established by Congress in ...
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