No Stupid Questions@lemmy.world · 5 months ago

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 · 5 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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HubertManne@moist.catsweat.com
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5 months ago
Is that better? https://en.wikipedia.org/wiki/Savings_and_loan_crisis

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