I have a good sum of money in a credit union savings account, as they offer good APR. Should I be worried and move them to big banks as smaller banks are in pressure?
Most Credit Unions are insured by NCUA, not FDIC. Limits seem same. Just saying What rate are you getting 4.5%?
Exactly.
What CU is it? I'm getting 4.3 max from mine. Any hoops?
But they drop later?
If it’s <250k you have nothing to worry. If not, you may want to split it regardless of the size of your bank. Svb isn’t a cu or a small bank by any means.