Comment: Most Credit Unions have no FDIC. They offer NCAU Insurance.

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In reply to comment: Some are not covered by FDIC (see in situ)

Most Credit Unions have no FDIC. They offer NCAU Insurance.

Post Script to my Adendum:

The National Credit Union Administration (NCUA) is the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF, like the FDIC’s Deposit Insurance Fund (for Banks), is a federal insurance fund backed by the full faith and credit of the U.S. Government.

The NCUSIF insures member savings in federally insured credit unions, which account for approximately 98 percent of all credit unions. All federal credit unions and the vast majority of state-chartered credit unions are covered by NCUSIF insurance protection. Credit unions that are insured by NCUSIF must prominently display the official NCUA insurance sign.
http://www.NCUA.gov/DataApps/Pages/SI-Tools.aspx
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Twas a pleasure hearing from you. Take good care.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul