Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

Showing Original Post only (View all)

Marthe48

(20,446 posts)
Wed Jan 22, 2025, 02:02 PM Jan 22

Questions about FDIC and NCUA [View all]

I am trying to get information about how secure my savings are in my credit union. I noticed last week that someone posted that credit unions are protected by NCUA ins. and are some of the most heavily regulated institutions in the U.S. But traitor felon appointed an acting head to NCUA who was appointed to the NCUA board by traitor in 2022. The guy is a dark horse. Some of the NCUA agenda is in place until later 2025 or 2026, but I'm worried that this protection will be removed. I don't have accounts in a bank, but I hear FDIC is on the block, too. Neither can be ended without congressional action, but I'm not feeling any optimism there.

I'm also wondering how trust funds are protected. I'll be creating a trust later this year, and I so want that to be safe and available for my grandkids.

Are there any resources that would provide a timetable for pitfalls traitor's regime can create to strip ordinary people from their savings? Thank you.

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Culture Forums»Personal Finance and Investing»Questions about FDIC and ...»Reply #0