this post was submitted on 07 Jan 2024
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You will need a bank account to do pretty much anything in adult life. So, I would recommend opening an account at a local credit union. Credit unions are small and owned by their members, so they won't sell your info to anyone or send you ads. There are many other pros to using a credit union instead of a large bank, but privacy is a big one.
Your mileage may vary but by credit union frequently sends me life insurance mailers, and until I asked them to disable it, would INFURIATINGLY embed clickable ads in my online checking activity history. Theyβd probably stop with the mailers if I yelled at them, tho. Overall I agree with your advice to use credit unions over banks.
I work at a big bank. I bank at a local credit union.