(The banks pay nothing on your accounts anyway.)
"Bank" at home. It's safer in the long run.
I only keep monthly operating expenses in the bank, the rest is outside the control loop.
Some morning we will all wake up to the news that banks are closed due to XXXXX emergency, and when they re-open, access to "your" money will be severely restricted.
JOAT you are absolutely right. Most of us FReepers can see what’s coming.
It isn’t “your” money now. Last year the Lord-high-mucky-muck of banking decreed that what you put in a bank is thereafter “theirs.” That’s why I haven’t seen a cent of interest on my previously interest-bearing checking account with my credit union.
The idea behind this move was (as I understand it) to enable banks m(and credit unions) to use your deposits to pay their debts in the case of a bank failure. Neither I nor my wife keeps anything but necessary expenses in the bank. Everything else goes into a fruit jar. The interest is the same...