@Twoafros@lemmy.world to

No Stupid Questions@lemmy.world • 4 months ago

What would happen if everyone moved there money from traditional private banks to credit unions/ coop banks

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What would happen if everyone moved there money from traditional private banks to credit unions/ coop banks

@Twoafros@lemmy.world to

No Stupid Questions@lemmy.world • 4 months ago

Can credit union and coop banks replace traditional banks completely?

Edit (adding additional question): Has there been an attempt to do this on a national or societal level?

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@NeoNachtwaechter@lemmy.world
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1•4 months ago
We have both and the differences are no big deal at all.

So I guess your question was very specific to one region of the planet’s surface.

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