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"By all measures, credit unions fail less often than similarly sized banks. During 1980–2018, asset-weighted credit union failure rates were far lower than those of banks: 0.10% vs. 0.22%"

Source https://www.google.com/url?sa=t&source=web&rct=j&url=https:/...



Sure, however, when a credit union takes a loss, it's worn by the depositors, not by shareholders for there are none.




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