Finance
In Ohio, which government entity insures deposits in member savings banks and credit unions up to $250,000?
AThe Federal Reserve
BFDIC (for banks and savings institutions) and NCUA (for credit unions)✓ Correct
CHUD
DFHFA
Explanation
The FDIC insures deposits at member banks and savings institutions; the NCUA insures credit union deposits, each up to $250,000 per depositor per institution.
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