You may or may not have heard of a credit union, however given the rise of coruptedness involved in the baking industry it’s a smart move to look into putting your money into a credit union. The reason why credit unions are good is because they are independant and local to the community and only allow a certain amount of depositors who all become members in the union. It’s a great safe alternative way to banking, many of the large US banks have gone under and corruption is rampant in the sector.
Some credit unions that are popular are Redwood Credit Union and California Costal credit union both banks offer attractive deposit options which garner more interest than some of the bigger banks like Bank of America and Chase. They also offer a more personal experience credit unions and you feel more like your money and banking is appreciated, something lost with the big banks.
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