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Reply to "Is a credit union safer than bank? Safer than vanguard?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No one serious is worried about deposit insurance. Banks are safe. If you want to worry about something, worry about a recession and inflation.[/quote] Bit late for that. Already been happening for years. Banks are not "safe" either. Safer than a mattress in a sketchy neighborhood sure, but not guaranteed in event of financial crashes. [/quote] No, they are literally guaranteed. Guaranteed by deposit insurance. At least up to the limit.[/quote]
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