What happens when a culture is driven by the need for money to make more money

Re:What happens when a culture is driven by the need for mon... by tw04 on Wednesday November 11, 2015 @06:09PM (#10550067)

I've honestly never understood the point of even dealing with large banks. My credit union doesn't charge any fees, regardless of how much I have in my account. Free overdraft protection, extremely low interest car loans and used car loans, etc.

Oh, and they didn't become insolvent handing out crappy mortgages.

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Re:What happens when a culture is driven by the need for mon... by unclebucknasty on Wednesday November 11, 2015 @08:58PM (#10550820)

I prefer credit unions too and take loans through them when possible.

But my primary checking and money management accounts (business and personal) are with a major national bank. For cash flow, access, and generally moving money around it's hard to beat the convenience.

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Re:What happens when a culture is driven by the need for mon... by yuhong on Wednesday November 11, 2015 @10:34PM (#10551139)

I wonder if it makes sense for for profit banks to have interest bearing savings accounts at all these days.

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Re:What happens when a culture is driven by the need for mon... by jschwartzi on Wednesday November 11, 2015 @11:36PM (#10551325)

My bank was profitable through the entire mortgage crisis. It's a savings and loan though.

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