Multiple Choice
Timothy has $42,000 in a savings account with the Jefferson Credit Union. While economic conditions have caused financial institutions to struggle, Timothy feels that his money is safe due to the fact that the credit union's accounts are protected by the
A) Federal Deposit Insurance Corporation (FDIC) .
B) Credit Union Insurance Fund (CUIF) .
C) National Alliance of Credit Union Underwriters (NACUU) .
D) National Credit Union Administration (NCUA) .
Correct Answer:
Verified
Correct Answer:
Verified
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