3 ms·

So fees don't matter if you offer no services.

• kibwen 4y ago
  And vice versa, for some.
• xeromal 4y ago
  The service is your money being safer than under the mattress. They also make home loans.
  • moffkalast 4y ago
    Well you are trusting someone else with it, that doesn't sound much safer.
    • xeromal 4y ago
      It's FDIC insured and regulated.
      • deleted 4y ago
        [deleted]
      • moffkalast 4y ago
        So hold on, if these credit unions are so small and still get insured, why not just make one for yourself? Put your money into it, gamble to your heart's content, either you win big or the FDIC takes over and gives you your money back since you're technically a depositor lol. Literally cannot go tits up.
        • xeromal 4y ago
          I'm sure if it was that easy people would be doing it.
          • moffkalast 4y ago
            Hmm from what I can find there's two things, FDIC doesn't handle credit unions but NCUA, and a credit union may need a minimum number of depositors for protection to apply. Maybe one can convince enough people to deposit $1 with a contract that they get a share of the gambling winnings in case there are any.