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Economy

Victor_c3

(3,557 posts)

10. Wouldn't your money be safer in a credit union then?

Reply to marmar (Original post)

Wed Dec 30, 2015, 12:13 PM

Dec 2015

I believe that there is a difference in how money is invested / worked by a credit union and a bank.

I'm really kind of ignorant on these sorts of things though...

Anyone know anything about this?

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13 replies

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Highlight:

The Bank Bail-In Swindle Begins [View all] marmar Dec 2015 OP

Doesn't the FDIC keep this from happening here? At least up to annabanana Dec 2015 #1

Would that apply if they converted it to stock? SusanCalvin Dec 2015 #2

I believe the FDIC protection still applies ToxMarz Dec 2015 #6

The FDIC depends on banks to pay premiums into the FDIC, which they have not been doing. dixiegrrrrl Dec 2015 #7

It's been a long time since Punx Dec 2015 #8

Would that be the Dodd-Frank bill that Hillary feels is adequate to protect ... Scuba Dec 2015 #3

Americans are silly tazkcmo Dec 2015 #4

I have to agree with you on that Victor_c3 Dec 2015 #11

Why don't we just say the truth. Baitball Blogger Dec 2015 #5

Well said! mountain grammy Dec 2015 #9

+1000 JDPriestly Dec 2015 #13

Wouldn't your money be safer in a credit union then? Victor_c3 Dec 2015 #10

They should "cut it out" Doctor_J Dec 2015 #12