Reserves, Glossary and Terms, Depository Institutions & Credit Unions

U.S Depository Institutions List of United States Depository Institutions, Credit Unions, Guide Service

"Reserves"

A special account in the credit unioni??s ledger, which sets aside funds as a protection against losses. Regular reserves are required for federally insured credit unions by law and protect against loan losses or other losses as prescribed by federal regulation.

Depository glossary and terms by letter

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