« Securing Your Home? Start at the Front Door | Main | What to Do…and NOT Do…in the Moments after You Shoot in Self-Defense »

01/20/2013

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Lona

I have a question. I know some people who feel that U.S. banks may soon collapse, and they have put their money in foreign bank accounts. Would a Credit Union lower the risk of money loss if the banking system went south?

James L. Paris

Depending on how large a collapse may be you may still lose money at a credit union as well, but comparing them side by side credit unions as a category seem to be much more prudently managed than most banks. Our focus on the option of credit unions has been mostly about saving money on fees, etc... vs the various schemes the banks have going to charge on everything from A to Z.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)

Twitter Updates

    follow me on Twitter

    Become a Fan