The collapse of three US regional banks – First Republic Bank, Silicon Valley Bank, and Signature Bank – marked some of the largest failures in the banking system since 2008. Central banks contained the “mini-crisis” earlier this year with forced interventions and the mega-merger of Credit Suisse and UBS. Despite the interventions, global banks still axed the most jobs since the global financial crisis.
But take note, all three of those banks are publicly traded. Although it may take some searching and might be out of the way for you, see about finding a privately owned bank in your state. Interest rates are considerably lower if you choose to borrow or use a credit card (due to no institutional shareholders to please).
I would recommend a credit union, partly because their interest rates are capped at 18% (per NCUA.gov) and they're usually easier to find than a privately owned bank, but in my experience any given CU could be pretty woke.
[ + ] SilentByAssociation
[ - ] SilentByAssociation 2 points 4 monthsDec 27, 2023 11:43:34 ago (+2/-0)
I would recommend a credit union, partly because their interest rates are capped at 18% (per NCUA.gov) and they're usually easier to find than a privately owned bank, but in my experience any given CU could be pretty woke.
[ + ] TheViciousMrPim
[ - ] TheViciousMrPim 2 points 4 monthsDec 27, 2023 10:29:59 ago (+2/-0)
[ + ] Weredawg
[ - ] Weredawg 2 points 4 monthsDec 27, 2023 12:16:17 ago (+2/-0)
[ + ] Bufordxl
[ - ] Bufordxl 1 point 4 monthsDec 27, 2023 15:20:01 ago (+1/-0)
[ + ] iSnark
[ - ] iSnark [op] 1 point 4 monthsDec 27, 2023 15:29:54 ago (+1/-0)
[ + ] FreeinTX
[ - ] FreeinTX 0 points 4 monthsDec 27, 2023 12:05:06 ago (+0/-0)
[ + ] DukeofRaul
[ - ] DukeofRaul 0 points 4 monthsDec 27, 2023 10:35:56 ago (+1/-1)