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[PEN-L:36285] safe banks? FDIC????



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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