Answer:
The answer is 0 dollars
Step-by-step explanation:
I just took the quiz and also becuase Credit Unions have a different organization other than the FDIC
The FDIC-protected in Dominiques account $0.
Given that
Dominique is a customer of Credit Union.
She has $22,978 in a checking account and $20,000 in savings.
We have to determine
How much of Dominiques money is FDIC-protected?
According to the question
Banks aren't insured by default. They apply for FDIC insurance and, like most forms of insurance, it comes at a cost. But you don’t pay a monthly fee, nor do your tax dollars foot the bill. The bank pays the premiums.
Banks are safe and stable places to store your money. Still, recent history has reminded us that these institutions can fail, meaning they can no longer meet their obligations to the people who have deposited money with them or to those they’ve borrowed from.
None of the bank is not FDIC insured, if they are she is fully covered.
Hence, The FDIC-protected in Dominiques account $0.
To know more about FDIC-protected click the link given below.
https://brainly.com/question/2312027
