Stanford Federal Credit Union

23/01/2017 credit union

Credit unions must make enough surplus to cover expenses, otherwise, like any other business, they cannot continue, in which case they can become insolvent and cease to exist; the effect on those with funds deposited varies between jurisdictions. In the United States, Federal credit unions are chartered by and overseen by the National Credit Union Administration (NCUA), which also provides deposit insurance similar to the manner in which the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to banks.

Delta Community is Georgia’s largest credit union with 23 branches located conveniently across metro Atlanta and three outside of Georgia. This credit union is an Equal Housing Lender, we make loans without regard to race, color, religion, national origin, sex, handicap, or familial status. Credit cards allow you to use the bank’s money interest free within a grace period.

Such consumer protection provided by the credit card company is not available …