>>>Plus, I was thinking that local credit unions would be better than the big chains. I distrust the BofAs, Wells Fargos, etc..... Any opinion on that?<<<
Credit Unions are strong, run by local boards of directors and are member oriented. They are insured by NCUSIF (National Credit Union Share Insurance Fund) It is (or was) better capitalized than FDIC. All capital of all credit unions are pledged to the NCUSIF should calamity strike. This provides multiples of the protection that FDIC provides.
However, rest assured that nationalization of banking would entail a ‘Bank Holiday’ of indefinite duration being declared and that would apply to ALL financial institutions.
Personally, I do not trust safe deposit boxes. But that may just be me. I like to control access to my assets.