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How do credit unions fare with the bail out?

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K8-EEE Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 09:44 PM
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How do credit unions fare with the bail out?
A few years ago I became aware that credit unions in general donate to unions and dems, while banks go all GOP. How are they making out with the bailout? Somebody who worked at my credit union said that because they didn't give a lot of freaky loans they weren't as affected by the mortgage thing. Does that mean their competitors get an unfair advantage or can they get the same deal?

I just find the bailout so confusing!!
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