If you have money in a national bank, I would pull it out and open an account at a small local bank/credit union, etc. I sleep better at night with the security of small banks.
Second. There will be big bank closures, but the little independents will likely continue without too much trouble. Mine is already training on the new non-SWIFT system. They've been working hard on the new "update," as they call it.
I don't understand why you all are so sure small banks are safe. When the banks went to hell in the 1980s recession, the small banks were the first to go.
If you have money in a national bank, I would pull it out and open an account at a small local bank/credit union, etc. I sleep better at night with the security of small banks.
Second. There will be big bank closures, but the little independents will likely continue without too much trouble. Mine is already training on the new non-SWIFT system. They've been working hard on the new "update," as they call it.
I don't understand why you all are so sure small banks are safe. When the banks went to hell in the 1980s recession, the small banks were the first to go.
Exactly. And if stuff goes like we think it's going to go, it's not going to matter anyway. It will be a painless transition