Will there be somebody here to tell us when it's time to cash out our bank accounts when things get really bad?
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You should move out of any institutional bank and switch to a credit union
Very true, or at least a small local bank that doesn't play around with swaps and derivatives.
How do you find that information on your bank?
All of the big ones do it, bank of america, chase..... their are not many small independent banks left. If you live in a small town you might have one. Credit unions are owned by the depositors. They were set up 100+ years ago when the people figured out how the banks were ripping them off.....
Mine is a more local bank, and afaik not affiliated with FNB. The bank I switched from is affiliated and I moved my money from the SVB crash. Credit union, however, sounds better every day lol
I looked into them, they sound awesome. But the ones in my state, I would have to dig for one I qualify for lol