Are credit unions safer than banks?

When it comes to deciding between using a bank or a credit union, there are several factors to consider — including safety. Credit unions have a reputation for being slightly safer than banks, but are they, really? Here’s what you need to know.

Understanding credit unions vs. banks

Credit unions and banks have plenty in common: They’re both federally insured, and they offer similar products and services. But there are a few important differences between the two that are worth understanding.

Emily Batdorf | Yahoo Finance

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