NEW YORK (10/2/08)--The Wall Street Journal's personal finance page notes that depositors who want options to the big blockbuster bank consolidations can shop for savings at credit unions and community banks as federally insured options. In "As Big Banks Converge, Depositors Find Deals at Smaller Institutions," the newspaper notes community banks and credit unions offer generous yields and lower fees for local savers (The Wall Street Journal Oct. 1). With competition shrinking with blockbuster acquisitions of the past week, "there are plenty of options for rate-sensitive depositors and borrowers," including credit unions, the article said. The article recognized that credit unions have largely sidestepped the subprime crisis because of conservative underwriting. They "often offer generous rates and low fees. And deposits are insured for up to $100,000, per account, per institution, just like regular bank accounts," it said. Some credit unions are receiving new deposits from former Wachovia and other large bank customers, the Journal said.