Failed bank fallout could open doors for credit unions. Here's what to know about these institutions

Snippet of Article: "... fragility of the banking system could drive membership gains for credit unions, which provide many of the same financial services but with different motivations — and with different repercussions when they fail. ...Credit unions offer essentially the same $250,000 deposit insurance per account as banks, with the coverage backed by the full faith and credit of the United States government and supported by a deposit-insurance fund. ..."

Source: www.azcentral.com