Why should one choose a credit union over a bank?
Credit unions are financial institutions owned and operated by members who share a common bond, such as a place of employment, religious affiliation, or geographic area. They offer similar services to banks, such as checking and savings accounts, loans, and other services. However, they often offer better rates and lower fees than banks, as well as more personalized services. Credit unions are also more likely to be involved in their communities, supporting local businesses and charities. For those looking for a more personal banking experience, a credit union may be the best choice.read more