342,681 views
18 votes
18 votes
The National Credit Union Administration provides coverage up to $250,000 per individual depositor at each credit union.

T or f

User Pieter Ennes
by
2.8k points

1 Answer

22 votes
22 votes

Answer:

True

Step-by-step explanation:

It is TRUE that The National Credit Union Administration provides coverage up to $250,000 per individual depositor at each credit union.

This is evident in the fact that the National Credit Union Administration posted on their website that "All deposits at federally insured credit unions are protected by the National Credit Union Share Insurance Fund, with deposits insured up to at least $250,000 per individual depositor."

User Shuriquen
by
3.2k points