Credit unions aren’t immune to getting absorbed into larger entities either, happened to mine. The US is in the process of basically nationalizing its banking system, the financial environment strongly disincentivizes keeping cash in a bank now, and big banks have effective bailout assurance from the federal government.
Credit unions aren’t immune to getting absorbed into larger entities either, happened to mine. The US is in the process of basically nationalizing its banking system, the financial environment strongly disincentivizes keeping cash in a bank now, and big banks have effective bailout assurance from the federal government.