You always see stories in the media about people having their accounts frozen for no reason, or people losing money to bank fraud and scams, etc.
The 2008 financial crisis involved the biggest banks in the United States going under or getting bailed out with taxpayer dollars.

In more recent times major regional banks like Silicon Valley Bank and others have imploded and their appears to be another big banking crisis on the horizon.

But I never heard anything about credit unions having such problems. Why is that?

I do not trust the big banks but still use Chase for much of my day to day banking only because it is more convenient. But most of my savings are in my credit union or invested in bitcoin.
But I will be using my credit union much more in the future because after hundreds of reading horror stories in the last few months about people losing money at their bank and having accounts frozen for no reason is scaring me.
 
Why are the big banks so corrupt or incompetent?

https://cointelegraph.com/news/saturday-night-live-pokes-fun-trump-debanking-no-joke