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Federal insurence of Credit Unions.
Posted: Sun Oct 14, 2012 11:16 am
by oneshooter
While at my Credit Union I was talking to the Sheriffs Deputy there. In the course of our conversation he mentioned that the Texas CHL laws do not apply to Federally Insured institutions. He explained that due to that, there is no need to post 30.06, that there is no legal CC because of the Federal Insurance.
How does this read with y'all? I have never heard of this before.
Any ideas?
Oneshooter
Armed and Livin in Texas
Re: Federal insurence of Credit Unions.
Posted: Sun Oct 14, 2012 11:25 am
by puma guy
oneshooter wrote:While at my Credit Union I was talking to the Sheriffs Deputy there. In the course of our conversation he mentioned that the Texas CHL laws do not apply to Federally Insured institutions. He explained that due to that, there is no need to post 30.06, that there is no legal CC because of the Federal Insurance.
How does this read with y'all? I have never heard of this before.
Any ideas?
Oneshooter
Armed and Livin in Texas
So if someone has FEMA flood insurance you can't carry inside?
There are idiots in every profession! Does he look like "Curly" of the Three Stooges?
Re: Federal insurence of Credit Unions.
Posted: Sun Oct 14, 2012 11:31 am
by 77346
the cop is wrong... unless the CU is located in a federal building or has a proper 30.06 sign
Re: Federal insurence of Credit Unions.
Posted: Sun Oct 14, 2012 12:33 pm
by RPB
puma guy wrote:oneshooter wrote:While at my Credit Union I was talking to the Sheriffs Deputy there. In the course of our conversation he mentioned that the Texas CHL laws do not apply to Federally Insured institutions. He explained that due to that, there is no need to post 30.06, that there is no legal CC because of the Federal Insurance.
How does this read with y'all? I have never heard of this before.
Any ideas?
Oneshooter
Armed and Livin in Texas
So if someone has FEMA flood insurance you can't carry inside?
There are idiots in every profession! Does he look like "Curly" of the Three Stooges?
Oh man, I had an FHA loan on my house, or was it a VA loan insured by the Federal Govt. ....
Someone in the bank has a federally insured loan ... someone at the grocery store does too ...
Ohhh noooo there's a G.M. car parked in front of that Library, G.M. had a Federal bailout loan ...
Re: Federal insurence of Credit Unions.
Posted: Sun Oct 14, 2012 3:47 pm
by tacticool
puma guy wrote: There are idiots in every profession!
True but they seem to be a lot more frequent in government jobs.
Re: Federal insurence of Credit Unions.
Posted: Tue Oct 16, 2012 5:11 am
by HankB
tacticool wrote:puma guy wrote: There are idiots in every profession!
True but they seem to be a lot more frequent in government jobs.
Who else would hire them?
Re: Federal insurence of Credit Unions.
Posted: Tue Oct 16, 2012 7:31 pm
by Ameer
Union shops.
Re: Federal insurence of Credit Unions.
Posted: Tue Oct 16, 2012 9:12 pm
by alvins
he probably thinks a federal credit union is owned by the government too.ofcourse people dont know what the federal reserve is either.