Loss of Confidence in Banks Spikes Credit Union Deposits

Today, more than ever, people want to know that their money is safe. 

The recent loss of confidence in commercial banking has resulted in an increase in Credit Union members. 

People all over America are closing their bank accounts and joining credit unions. 

A recent survey by the Credit Union National Association (CUNA) found that 1/4 of credit unions have experienced above-average growth in deposits over the last six weeks.