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ALEXANDRIA, Va. — NCUA Chairman Michael E. Fryzel used his first letter to credit unions to provide them with a list of resources to help them inform members about the safety of their deposits.

“During these uncertain times in the financial markets, it is important for credit unions to help members understand their NCUA-insured shares are backed by the full faith and credit of the United States government,” he wrote in a letter sent to the boards of directors of all federally insured credit unions.

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