Money Market Accounts And Fdic
October 11th, 2007
Question: Is being backed by FCUA as secure as FDIC?
I have CDs and Money Market accounts with Sun coast Credit Union. Am I as Secure as I would be with the money in a bank that is FDIC backed?
Answer: If you mean the NCUA, yes, for all practical purposes.
FDIC Insurance Limits and Indymac Bank Loan Modifications
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