Question

Which of the following statements about the NCUA is correct?

a. The NCUA is similar to the FDIC, but it insures credit unions instead of banks.
b. The NCUA is an independent coalition of credit unions that works to protect investors.
c. The NCUA is the branch of the FDIC that insures credit unions.
d. The NCUA controls the amount of money banks have available to lend out.

Answer 1

(A) The NCUA is similar to the FDIC, but it insures credit unions instead of banks.

edge2020

Answer 2

A.

Explanation: