I think we should try to organize a run on the banks. The bootlickers won’t participate, so they’ll be the losers when the banks don’t have the money to cover their deposits.
If everyone moves their money to credit unions, not only will you get better rates, you’ll fuck the status quo. Imagine the aneurysm djt will have when he causes a colossal bank failure.
I’ve wanted to do this for a long time, really, truly.
When I look, credit unions advertise great savings rates for balances of up to $1,000. After that, it’s depressingly small: 0.05% or 0.10% vs. competitive rates of 3%+ which I currently get at my evil-corp-mega-bank. 3% doesn’t even come close to inflation and fractions of a percent feels like pissing my money away while saving for the pipe dream of owning my own home. Maybe I’m misreading something? “Finance” is not something I’m particularly confident about.
Do you know of any tools that would help people shop for ethical, local credit unions? I don’t trust any results from a web search at face value these days and I don’t have the patience to research every result to see how legit it is and do a background check to find that their board or whatever is run by fascists or something.
I found my credit union through nerd wallet. It is not local to me, but has reciprocal ATM agreements with credit unions that are local to me. The only hassles I have run into have been related to large deposits by check (inheritance) and even that wasn’t too bad (had to go to a local credit union when they were open and talk to a teller). Mine doesn’t cap my interest rate.
I think we should try to organize a run on the banks. The bootlickers won’t participate, so they’ll be the losers when the banks don’t have the money to cover their deposits.
If everyone moves their money to credit unions, not only will you get better rates, you’ll fuck the status quo. Imagine the aneurysm djt will have when he causes a colossal bank failure.
I’ve wanted to do this for a long time, really, truly.
When I look, credit unions advertise great savings rates for balances of up to $1,000. After that, it’s depressingly small: 0.05% or 0.10% vs. competitive rates of 3%+ which I currently get at my evil-corp-mega-bank. 3% doesn’t even come close to inflation and fractions of a percent feels like pissing my money away while saving for the pipe dream of owning my own home. Maybe I’m misreading something? “Finance” is not something I’m particularly confident about.
Do you know of any tools that would help people shop for ethical, local credit unions? I don’t trust any results from a web search at face value these days and I don’t have the patience to research every result to see how legit it is and do a background check to find that their board or whatever is run by fascists or something.
I found my credit union through nerd wallet. It is not local to me, but has reciprocal ATM agreements with credit unions that are local to me. The only hassles I have run into have been related to large deposits by check (inheritance) and even that wasn’t too bad (had to go to a local credit union when they were open and talk to a teller). Mine doesn’t cap my interest rate.
This is an excellent idea. I’ve wanted to do this for a while. I will start researching local credit unions tonight!