F THE BANKS!
You'll get better interest rates on loans, better service, and lower fees. Online tech is behind but who cares? CUs are non-profits owned by their members and for that reason, they don't have to answer to wall street.
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Offer lower interest rates
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High savings rates.
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Emphasis on strong customer service.
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May have low or no-fee accounts and services for customers.
I’ve been thinking about this recently- and really I’ve thought of 2 options. Cash is king so maybe it’s back to the old safe deposit box in the house? OR just start buying Visa gift cards. I can stop my direct deposit- cash the check at a check cashing place & use gift cards or secure credit card to pay bills online. If the grid does go down electric payments of anything are useless - can’t even get gas at the pump and cold hard cash is needed- been through a few storms & w/out power for weeks & it’s tough- ATMs won’t work. And Idk too many supermarkets that will take gold or silver coins. I’m too young to retire so I’m considering taking $$ out of my 401k and fortifying my house to make us more self sufficient with heating & food. I’m also not going away for vacation somewhere this year- which I usually do every year- even during COVID. Instead gonna use that $$ towards more supplies. Love to brainstorm other ideas on how to subvert their system.
This is what I did, I figured no way in H were they going to get my funds 😂