I started with a Credit Union a long time ago. It did not pay its tellers very well thus it functioned as a teller training school for the local banks and richer CUs and some of them made errors from time to time but they were always resolved satisfactorily without calling for attorneys and I love that my account, which was necessarily normally below $200 back in the day didn’t dribble away with the constant nickel and dime fees charged by the banks I had dealt with previously. That factor alone kept me at the CU. There have been no mistakes in the last 8 or 9 years and there are still no fees. They didn’t lose any money in the late real estate meltdown and hold all the mortgages that hey originate in their own hands. They don’t sell them. I like that in a bank or CU.
I started with a Credit Union a long time ago. >> amen and there was time when my local CU resisted some federal stuff. it got swallowed up. but CU’s may not need to be part of the federal system. although my guess is they will kill you when you resist. I have seen local banks closed. cops, state police, the whole nine yards. koblonk bank i think and one other.
Not a bad idea.