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How do you know it’s never lost your money? Do you audit each transaction on your statements?
by paperpunk 2y ago
How do you know it’s never lost your money? Do you audit each transaction on your statements?
- kbolino 2y agoI would hope so. I certainly do. In 25 years of using them, I have never had a conventionally regulated financial institution (NCUA-insured credit union, FDIC-insured bank) lose so much as a penny. Whether they are keeping proper reserves is another question entirely, but also not really my problem (NCUA and FDIC exist for a reason).
- deleted 2y ago[deleted]