Moving Money from Banks to Credit Unions?

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Rob Z's picture
Rob Z
Status: Bronze Member (Offline)
Joined: Nov 30 2008
Posts: 49
Moving Money from Banks to Credit Unions?

I have a $15K USD Cash reserve at my bank (JP Morgan Chase). We havn't heard much about them, good or bad, but would it be a good idea to put some of that in my local Credit Union (Teachers Credit Union)? Are CU's a better place to be if the Banks crash? I don't want that much cash in my home unless its absolutely necessary.  

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