GringoPost | Ecuador: CREA

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CREA

My husband and I are looking into obtaining a CD at CREA Cooperative. Has anyone had any investments with this cooperative? We have CDs at JEP, but Ecuador only insures up tp $32,000 per bank, which is why we are looking at an additional institution. Also, does anyone know how to check on the solvency of a financial institution in Ecuador?

Thank you so much for any helpful advice. We are attracted by the high returns, but a little nervous too.

Billie OHara