FDIC limits and credit unions

Oct 07, 2008 1 Replies

I know credit unions are not covered under FDIC, they are covered under NCUA. With the new, temporary increase in FDIC insurance limits, what about NCUA insurance limits?


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Apparently, it does increase those limits the same way. The new limits expire on Dec 31, 2009.

(Title 1, Sec 136, of HR1424) Page 92 in the PDF to which a link was posted here in MIF-P a few days ago.

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