Respuesta :
The Federal Reserve does not supervise or regulate credit unions. Federally chartered credit unions are regulated by the National Credit Union Administration, while state-chartered credit unions are regulated at the state level. The Fed is one of several banking regulatory agencies at the federal level.
The answer would be False. Credit unions have to follow laws just like any other business.
Hope this helped you! Good luck! :)
Hope this helped you! Good luck! :)