All Federally Chartered Credit Unions Are Required to Obtain Insurance

question 38

True/False

All federally chartered credit unions are required to obtain insurance from the National Credit Union Share Insurance Fund (NCUSIF).

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Definitions:

Birmingham

A city in the state of Alabama, historically significant for its role in the civil rights movement of the 1960s, known for protests against segregation and racial injustice.

Montgomery Bus Boycott

A pivotal civil rights protest in 1955-1956 in Montgomery, Alabama, where African Americans refused to ride city buses to challenge racial segregation.

Rosa Parks

An African American civil rights activist whose refusal to give up her seat on a Montgomery, Alabama bus in 1955 became a symbol of the fight against racial segregation.

NAACP

The National Association for the Advancement of Colored People, an organization founded in 1909 to fight for the civil rights of African Americans.