Here's the thing. No one is forcing anyone into any bank. Want to buy a house? Then do it on your own without a bank. Most credit unions will not put up enough money like a bank will. That is a the nature of the beast.
Small banks are not as solvent. Credit unions have no federal insurance. Their insurance is backed by a private firm. PRIVATE FIRM. The same people that use banks to invest in.
I've enjoyed Wells Fargo but i talked to a banker there about having a seperate checking and savings that was attached to my existing accounts). He created a premium account that is charging me crazy fees! I'm closing it as soon as i can and seriously considering closing my older, college checking account too for a credit union.
Here's the thing. No one is forcing anyone into any bank. Want to buy a house? Then do it on your own without a bank. Most credit unions will not put up enough money like a bank will. That is a the nature of the beast.
pigjubby1 3 months ago
Small banks are not as solvent. Credit unions have no federal insurance. Their insurance is backed by a private firm. PRIVATE FIRM. The same people that use banks to invest in.
pigjubby1 3 months ago
I just joined a credit union. I closed my account at Wells Fargo.
desertr0se2007 2 years ago
I so agree!
I've enjoyed Wells Fargo but i talked to a banker there about having a seperate checking and savings that was attached to my existing accounts). He created a premium account that is charging me crazy fees! I'm closing it as soon as i can and seriously considering closing my older, college checking account too for a credit union.
Thanks for the advice!
hawaii8087 2 years ago
How about a kit for financial privacy from nosey federal agencies?
MadSmokerBBQ 2 years ago