Someone Please Explain This One To Me…

[Anonymous]

Ummm, since we’re talking about San Diego County Credit Union here, I don’t think the FDIC applies. I believe the National Credit Union Share Insurance Fund (NCUSIF) is what gives you the protection. Their rules might be different for account protection (too lazy to look up now).

– Bubbleninja

[asragov]

Maybe they are using your Social Security Number to check you out through ChexSystems (the database to see if you bounce checks).

While a deposit account isn’t an extension of credit, most banks certainly check you out via ChexSystems, even if they don’t tell you:

http://www.creditinfocenter.com/FeaturedArticles/ChexSystems.shtml

[LookoutBelow]

Take some of that money, get on a jet to Hong Kong, open a multi currency HSBC account, have some balls and start trading on the in currencies and metals…..Just joking, I would give some  serious thought to getting some of it offshore in a protected trust or offshore account however. 

 

See our friend Charles Schwab (crook like the rest) and do some of your CD's with them too….spread it around a little…you might wish you had done that in the future….

[Author]

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