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What else can I help you with?
Does a home equity line of credit need to be FDIC insured?
FDIC insurance covers bank deposits, not home loans. If you pull money from a credit line and deposit it with a bank, those deposited funds may be FDIC insured.
What Banks are FDIC insured?
The Federal Deposit Insurance Corporation (FDIC) insures deposits at member banks in the United States. Most commercial banks and savings institutions are FDIC members, meaning deposits up to $250,000 per depositor, per insured bank, are protected. You can verify if a specific bank is FDIC insured by checking the FDIC's official website or using their BankFind tool. Credit unions, on the other hand, are insured by the National Credit Union Administration (NCUA).
Is EECU Credit union in Ft. worth FDIC insured?
It appears that the answer is...no. Their website lists the logo of the "National Credit Union Administration, a U.S. Government Agency", and claims "Member accounts are federally insured to at least $250,000". However, there is no FDIC logo or claim of membership on the EECU website. I looked at another website, one for a bank. They clearly listed their FDIC membership. EECU may have some other form of insurance, but it does not seem to have FDIC coverage.
Does frank billy work for standard credit union bank?
Frank Billy work for Standard credit credit union bank?
Is orkfield credit union a valid bank?
yes Orkfield credit union is a valid bank here in the UK
How much money does a credit union bank teller earn?
Credit Union Bank tellers earn the same salary as bank tellers.
How can you obtain credit from HSA bank?
"Almost any bank or credit union can be an HSA provider. In order to obtain credit, credit has to be in good condition. Check with your local bank or credit union for more information."
Where can you file a claim for lost bank funds that the FDIC insures?
The FDIC currently guarantees checking and savings deposits in member banks up to $100,000 per depositor. Credit Union deposits are covered by the National Credit Union Administration. According to the FDIC, and in accordance with federal law, allowed claims are paid, after administrative expenses, in the following order of priority: * Depositors * General Unsecured Creditors * Subordinated Debt * Stockholders To file a claim, visit the following FDIC Web page and follow the insructions: http://www2.fdic.gov/starsmail/index.asp
How is a credit union different from a retail bank?
a credit union is a non pprofit entitly, a reatail bank is a forprofit entity!!
Is Standard Credit Union Bank a real bank?
No
What is the differentce between a bank and a credit union?
A bank's profits go to the bank and its chief officers. The profits of a credit union go back to its members.
Is USAA Bank considered a credit union?
No, USAA Bank is not considered a credit union. It is a federal savings bank that primarily serves military members and their families.
