Credit Unions with Federal Charters Have Their Accounts Insured Through

question 120

True/False

Credit unions with federal charters have their accounts insured through the FDIC.

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Definitions:

Unfettered State Autonomy

A situation where a state or region has complete independence and freedom from external control in governing its affairs.

U.S. Constitution

The foundational document outlining the structure, functions, and powers of the United States government, and the rights of its citizens.

Federal Government

The national government of a country, which holds the primary authority over its constituents, such as states or provinces.

Branches of Government

The division of government into separate parts, typically including the executive, legislative, and judicial branches, each with distinct powers and responsibilities.