Which of the Following Organizations Is Responsible for Insuring Deposits

question 18

Multiple Choice

Which of the following organizations is responsible for insuring deposits in a credit union?

• A) FDIC
• B) SAIF
• C) BIF
• D) NCUA
• E) FDCU

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Definitions:

Massive Drop

A significant, sudden decrease in numbers or quantity, often used to describe declines in financial markets, population, or levels of something.

Mugging

A form of street crime where an attacker forcibly steals personal property from a victim in a public place.

Auto Theft

The illegal act of stealing or attempting to steal a motor vehicle.

Shoplifting

The act of stealing merchandise from a retail establishment without paying for it.