April 15th, 2009
One of our clients alerted us that First Star Credit Union may be advertising for deposits. This institution is not federally insured by the NCUA or privately by ASI. I found a newstory in the LA Times that reported they have been operating a Loan scam. I also found a Ripoff Report on the same thing.
Please, Please always verify that the bank you are considering making a deposit with is FDIC insured or if it is a credit union, that they are NCUA insured.
Jumbo CD Investments, Inc.
-- By +Chris Duncan