FDIC v. NCUA

Posted by: Anonymous

FDIC v. NCUA - 09/25/08 02:19 AM

I've two bank accounts, one FDIC and the other NCUA insured. What's the difference between them?
Posted by: cyclinggal

Re: FDIC v. NCUA - 09/25/08 12:30 PM

MustangGal - FDIC stands for Federal Deposit Insurance Corporation, the fedeal agency that insures checking and savings deposits in banks up to $100,000. NCUA stands for National Credit Union Administration, the agency that insures deposits in federal and state credit unions.