[quote=bsrsharma]This is the flag that you should probably move your funds out of bank deposits and put them in credit unions. NCUA seems to be more solvent.[/quote]
Don’t kid yourself. The NCUA is not more solvent than the FDIC, it’s merely much smaller and thus under the radar. The NCUA’s insurance fund is almost down to zero which is why it recently charged a premium on all retail credit union share accounts (re: deposit accounts) to recapitalize the share insurance fund.
