HARRISBURG, Pa. — With the current state of the economy, some credit unions have noted an increase in concern from members about the safety and security of their accounts.
The Pennsylvania Credit Union Association urged credit unions in a newsletter to take every opportunity to inform members that their share and savings accounts are insured by the National Credit Union Share Insurance Fund.
"At times of financial uncertainty people have more of a focus on putting money where it's safe and secure and in federally insured financial institutions," said NCUA Director of Public and Congressional Affairs John McKechnie.
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