Comments on: Best 1-Year CD Rates http://www.bank-cd-rates.net/top-cd-rates/2010/03/25/best-1-year-cd-rates/ Simplifying Your Rate Search Wed, 27 Jul 2011 13:13:16 -0700 hourly 1 http://wordpress.org/?v=3.1.1 By: CD Rates Florida http://www.bank-cd-rates.net/top-cd-rates/2010/03/25/best-1-year-cd-rates/comment-page-1/#comment-4205 CD Rates Florida Sat, 27 Mar 2010 07:00:18 +0000 http://www.bank-cd-rates.net/top-cd-rates/?p=163#comment-4205 Credit Unions are federally insured just like banks if they carry the NCUA logo. The NCUA (National Credit Union Administration) is basically the twin to the FDIC. They oversee and insure credit unions. You can verify that a credit union is federally insured by visiting www.ncua.gov. The follow the same insurance guidelines as the FDIC. Where as the FDIC has closed 38 banks so far this year, I think their has only been one or two credit unions. Credit Unions are federally insured just like banks if they carry the NCUA logo. The NCUA (National Credit Union Administration) is basically the twin to the FDIC. They oversee and insure credit unions. You can verify that a credit union is federally insured by visiting http://www.ncua.gov. The follow the same insurance guidelines as the FDIC.

Where as the FDIC has closed 38 banks so far this year, I think their has only been one or two credit unions.

]]> By: G Jensen http://www.bank-cd-rates.net/top-cd-rates/2010/03/25/best-1-year-cd-rates/comment-page-1/#comment-4201 G Jensen Fri, 26 Mar 2010 21:00:09 +0000 http://www.bank-cd-rates.net/top-cd-rates/?p=163#comment-4201 Are credit union CDs safe? I'm asssuming they're not FDIC insured. Correct? Are credit union CDs safe? I’m asssuming they’re not FDIC insured. Correct?

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