[collinmanderson]

I hear credit unions are not regulated as well as banks, so even if there are laws for banks, the credit unions don't necessarily have to comply. Credit union security will probably always lag behind banks. :(

[ArtDev]

I don't think that is true. Source?

Furthermore, credit unions can't make risky bets that could put them under. The money you deposit goes out as loans to other people.

I avoid banks like the plague. Too shady for me, never again.