By Anna Von Reitz
The State Chartered Credit Unions are held under the charter of The United States of America (Unincorporated). They are specifically designed to serve living people and unincorporated businesses.
As such, they don't offer all the services of commercial banks, but they do offer all the advantages of private banking---- meaning security from bail-outs and bail-ins, relative freedom from government snooping, the ability to deal in actual assets and money, and many other advantages.
By the time we realized this most of the state chartered credit unions were long dead and gone, but since we realized it there has been a remarkable resurgence and proliferation of groups getting organized under state charters and, more importantly, established "federal credit unions" converting their federal and "state of state" charters over to actual state charters.