Guess I simply misunderstood your reply…
Though I did read the original post, and understood your own trust in Credit Unions, I misinterpreted your intent wrt “regulated” banks…as well as your statement re: “government run” banks.
Then again…I’m still not aware of any government-run financial institutions…lol
Ummm…the “regulated” banks have destroyed our economy…mainly because GWB and his rubber-stamp Congress eliminated much of the regulation that had kept them in check…
Why would anyone want to trust them again?
I’m closing my BoA accounts in favor of my local bank, plus a Federal Credit Union.
I have to call BS on this…
I’ve been collecting Nebraska Unemployment Insurance benefits since April, 2010.
No card, no fee…all I did was select Direct Deposit when I applied for my UI bennies.
IF there’s a $35.00 fee on the debit card — which I doubt, because I had one from JPMorgan, for Food Stamps — all you have to do is change your payment method from Debit Card to Direct Deposit. ALL financial institutions accept Direct Deposit capabilities.
IF there’s an annual, or monthly, fee on your Debit Card, it’s your choice to keep paying it or not.
MLHoenig became a registered member