Deposits in a single account at a credit union are insured for
A) $250,000.
B) $125,000.
C) $75,000.
D) $50,000.
E) $25,000.

Name: Deposits in a single account at a credit union are insured for A) $250,000. B) $125,000. C) $75,000. D) $50,000. E) $25,000.
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Question

Quizplus · Accepted Answer

Deposits in a single account at a credit union are insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the US government. Therefore, choice A is the correct answer.

Deposits in a Single Account at a Credit Union Are