Acronym Monday: CUDGC

Credit Union Deposit Guarantee Corporation

I can't tell you how many times it took us to get this acronym right. It is a big one!

The Credit Union Deposit Guarantee Corporation (CUDGC) is a deposit insurance program designed to protect deposits held by credit unions.

This insures that you do not lose their funds in the event of a credit union failure. Make sure to check your credit union coverage limits and specific regulations.

Thank you again, Laura for helping me out with this one!