Elric and I have had our joint account in a French-Canadian credit union up here in NH since we moved here (La Casse Saint-Marie -- St. Mary's), though it is its American cousin branch. We've been very happy with them -- we get better, and more personal, service than from the larger banks.
I have my business account and personal account with a bank, though -- and I'm thinking hard about moving them. Though, my bank is rooted in Canada (TD Bank -- Toronto Dominion). How that may be of help in this crisis since it's an American manifestation of a Canadian banking entity, I don't know. It may not mean anything at all, which may mean I'll move everything to St. Mary's. I need to do some more research.
All in all, I'd say credit unions are very helpful. However, be aware that the FDIC has been in trouble for decades -- this isn't really anything new. If the FDIC fails, we're all in deep shit.
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I have my business account and personal account with a bank, though -- and I'm thinking hard about moving them. Though, my bank is rooted in Canada (TD Bank -- Toronto Dominion). How that may be of help in this crisis since it's an American manifestation of a Canadian banking entity, I don't know. It may not mean anything at all, which may mean I'll move everything to St. Mary's. I need to do some more research.
All in all, I'd say credit unions are very helpful. However, be aware that the FDIC has been in trouble for decades -- this isn't really anything new. If the FDIC fails, we're all in deep shit.