alianorwell alianorwell
  • 06-03-2017
  • Advanced Placement (AP)
contestada

True or False
Credit unions are not subject to federal regulations

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Daltonadams14 Daltonadams14
  • 06-03-2017
The Federal Reserve does not supervise or regulate credit unions. Federally chartered credit unions are regulated by the National Credit Union Administration, while state-chartered credit unions are regulated at the state level. The Fed is one of several banking regulatory agencies at the federal level.
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AMackenzieS AMackenzieS
  • 06-03-2017
The answer would be False. Credit unions have to follow laws just like any other business.

Hope this helped you! Good luck! :)
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