safe banks? FDIC????

joanna bujes joanna.bujes at sun.com
Sat Mar 29 17:08:40 PST 2003


My credit union (AEACU) just posted a notice that they are not FDIC, but insured through a private company: National Credit Union Share Insurance Fund.

Should I worry? I love the place and love the service. Is FDIC the best all-around guarantee? It even seems that because Credit Unions are more strictly regulated, they might be safer as a place to park my money...

Would greatly appreciate your comments/suggestions.

Thanks,

Joanna



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