5 reasons you should choose a credit union

Looking for a new primary financial institution? Here are five reasons you should choose a credit union…

Lower fees and better rates: Credit unions often offer lower fees and better interest rates on loans, mortgages, and other financial products than banks. This is because credit unions serve their members and not investors.

Personalized service: Credit unions are typically smaller than banks and can provide more personalized service to their members. They have a community-based approach and are more likely to work with members who have unique financial situations.

Member-focused: As member-owned institutions, credit unions are more focused on the needs of their members than profits. Members have a say in how the credit union is run, including who is on the board of directors.

Shared values: Credit unions often share common values with their members, such as supporting local businesses, environmental sustainability, and social justice. This can create a sense of community and shared purpose among members.

Access to surcharge-free ATMs: Many credit unions belong to shared ATM networks, which means members can use any ATM in the network without paying a fee.

If you want a financial institution that prioritizes your needs and values that also offers competitive rates and personalized service, then you should check out a local credit union!

John Pettit

John Pettit

John Pettit is the Managing Editor for CUInsight.com. Web: www.cuinsight.com Details