Patelco Credit Union has announced that it will be insured by the National Credit Union Administration (NCUA) starting on January 1, 2008. Since November 2002, Patelco has been insured by the private insurer, American Share Insurance (ASI). I first reported in October that Patelco had applied to the NCUA for this change. It looks like the approval process went smoothly.

For those who aren't aware of Patelco, it's one of the nation's largest credit union. They have a history of offering great deals on CDs, savings accounts and other banking products. And they're one of the few credit unions in which it's easy for anyone to qualify for membership.

 

Submitted: Nov 26, 2007    Views: 382    Comments: 0    Likes: 2   


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