Posts by tag: financial advantages

What are the benefits of banking with a credit union?

Banking with a credit union comes with several perks that I've found truly beneficial. Firstly, they usually offer better rates and lower fees than traditional banks because they function as non-profits. Credit unions also provide a more personalized service, meaning I can get help tailored to my financial situation. Additionally, I like the aspect of being part of a cooperative, making decisions that affect the institution. Lastly, the security of my money is assured as credit unions are insured by the National Credit Union Administration.

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