WASHINGTON — Credit unions are doing more to educate their employees and members about share insurance, according to data compiled by NAFCU in its monthly Flash Report released today.
The survey found that 45.6% of those responding were conducting seminars on share insurance for their employees and 22.7% are informing members that have exceeded the amount of insured shares.
Credit unions are also stepping up their efforts to inform members about the coverage. According to the survey, 72.5% are doing so by handing out brochures and pamphlets, 59.4% are putting additional displays in their branches and 42% are including information in members' statements.
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