This is not a joke. 25-75% loss out of the gate. Regions, faith third, all big banks are crumbling. The fdic will never be able to protect all of those accounts. Market crash inevitable! Wakey Wakey time
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If monies are only in a local CU, what does one do? Sit tight? We don't have extra but I've prepped as much as possible.
I pulled the bulk of my money and put it in a credit union.
Thanks. I hope the local CU will be fine. We haven't banked with a large bank for years.
They are member owned and not for profit. They are insured also but not by the FDIC.