Bank just notified stopping all electronic transfers 3rdcweek July... what have you heard? CBDC or QFS?
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What makes you think I imagine it's great?
They are better than the big globalhomo banks. They loan money locally for house and car loans for its members not yoloing into derivatives and swaps. They are also owned by their members 100% or at least mine is.
I can actually go to their board meetings and call them out if I need to. I don't think you can do that with JP morgan.
That you recommended OP move their fed bucks to a credit union, as if that somehow addressed their concerns about FedNow?
Yes. Even if it's a shitty system it will be less shitty in a credit union.
People still need banking services to pay bills and such.
I put all my extra money into real money and into my safe.