Twoafros@lemmy.world to No Stupid Questions@lemmy.world · 1 year agoWhat would happen if everyone moved there money from traditional private banks to credit unions/ coop banksmessage-squaremessage-square22fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1message-squareWhat would happen if everyone moved there money from traditional private banks to credit unions/ coop banksTwoafros@lemmy.world to No Stupid Questions@lemmy.world · 1 year agomessage-square22fedilinkfile-text
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up0·1 year agoBanks would go out of business and credit unions would look a lot more like banks. This is assuming both business and personal accounts move. If just personal accounts move, not much happens.
Banks would go out of business and credit unions would look a lot more like banks. This is assuming both business and personal accounts move. If just personal accounts move, not much happens.