If you have your money in any bank keep reading!
In the month of January there were 41 bank closures in the America–in a single week! Among the list of banks who closed locations: Chase, Bank of America, Capitol One, PNC, and US Bank.
Now more than ever, it is important for Americans to diversify their distribution of money, and not just keep it all in one place. Remember the banking crisis last year when Silicon Valley Bank and Signature Bank collapsed? Don’t think for one moment that can’t happen again.
Credit Unions are a great option to explore. Click here to read more about the pros and cons of banks vs. credit unions.