Got this nice note this morning. It’s an important reminder.
For Chris: I’m a regular listener and appreciate your work. Just a reminder that when folks are looking for safe deposits, equivalent to a bank with FDIC insurance would be a credit union with NCUA (National Credit Union Administration) insurance. It has the same full faith and credit backing of the federal government, $100,000 limit per account and multiple account structure as FDIC. Virtually all credit unions have this federal coverage. Depositors can look for the blue NCUA logo in the lobby or on a website. Thanks. Bill Hampel, Chief Economist, Credit Union National Association
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.