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Entry Submitted by Carmen at 12:10 PM ET on January 13, 2024
Every day when I read and check other patriot posts I can not find an answer to this question. Now I’ve gotten concerned when today I read that all banks that are not Basal compliant by I think January 23 will go belly up.
So my question is what about credit unions?
Should I take all of my money out of the credit union and put it in like Wells Fargo because they are Basal compliant? Should I ask my credit union if they are basal compliant? When I ask about other banking changes they don’t know what I’m talking about.
I’ve always dealt with a credit union because always felt they were safer. But maybe that’s false.
I would respectfully like an answer please.
Thank you and bless you.
Carmen
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