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What is the federal deposit insurance on the Federally-Insured Deposit Account?

April 26, 2017account deposit Federal federally-insured Insurance

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What is the federal deposit insurance on the Federally-Insured Deposit Account?

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Both the principal and earned interest in the Federally-Insured Deposit Account are insured by the National Credit Union Administration (NCUA), a government agency that is backed by the full faith and credit of the United States government.