Question

 How do credit unions work?

Answer Credit unions provide an alternative to other banking and lending institutions. According to the Credit Union National Association, there are more than 8,000 credit unions in the United States.Sign... Read More »
http://www.answerbag.com/q_view/1968192

Top Q&A For: How do credit unions work

What Is the Difference Between Regular Credit Unions & Federally Backed Credit Unions?

Credit unions are chartered by either state governments or the federal government. When people refer to a "regular" credit union, it is generally a state-chartered institution and does not have the... Read More »
http://www.ehow.com/facts_6824316_difference-federally-backed-credit-unions_.html

How are credit unions insured?

Bank deposits are insured by the Federal Deposit Insurance Corporation (FDIC) to protect investors in case of bank failure, but credit unions are not covered by this organization. Credit unions are... Read More »
http://www.answerbag.com/q_view/2054560

How safe are credit unions?

On One Hand: Less Vulnerable Than Banks to Market SwingsCredit unions are less vulnerable to market swings than banks, according to Crosscut.com. They also were not involved in the subprime lending... Read More »
http://www.answerbag.com/q_view/1951996

How to Compare Credit Unions?

Credit unions are community-based banking institutions. Banks are often owned by larger corporations, seek increasing profits and charge higher fees. Credit unions, though, are non-profit instituti... Read More »
http://www.ehow.com/how_6390636_compare-credit-unions.html


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