Replies to post #182 on Leucadia National fka LUK

[Investorman]

They are to some extent, but it is possible for them to fail. If you have less than $250,000 in them you are protected though.

At least you can't buy stock in them - lol

[STOCK_GAINER6]

Credit unions have a greater basis of different "shareholders", often "shares" are not traded, and their "share"/finanial structure is not designed as to generate maxium profit for shareholders, but to generate a positive public interest among "shareholders" and customers environment.