Quick Wealth Network

Investing/?

can you give me 2 advantages of investing in a post office,desposit acount and a credit union?I need 6 different reasons

Public Comments

1. 1. Money placed in a deposit account or credit union account such as to checking, savings, or CD is insured by the FDIC - meaning if the institution with which you placed the deposit goes out of business, you will get your money back. 2. Very easy to do this with few requirements and open to most people 3. (bonus) Many choices as to which bank/institution to use and which type of account