Why You Need a Credit Union Account

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po of AK 3:00PM March 01, 2012

Hi!
Thanks for posting this article! I'm a new business owner and I created it from scratch because I was tired of not being able to find a job, like all of us in this highly dysfunctional economic crisis we have to live in today. This was very helpful information for me in the decision I have to make in where my money goes and how well it's taken care of. We all know excellent money management and business ownership go hand in hand in order for a company to successfully survive. Also, now that I know that I can join the board of directors at my potential credit union, or at least try, is a major plus for me! Not only will I feel like I have some say-so in what happens with my finances, but it will help to build my career and my personal and professional reputations. Not many 27 year olds can say that unless they've been handed the silver spoon. I've had to build my professional status from the ground, up, so knowing this information gives me some piece of mind.
Thanks!

Laurelai of NC 3:12PM February 29, 2012

Thanks for sharing this post with us. It's really an amazing post. Keep posting the good work in future too.

personal lending of NC 1:35AM January 17, 2012

thanks for this blog that i was able to learn the benefits of having a union card. Cause before i was a bit hesitant of acquiring one. I have learned at this [URL=http://www.lendingwanted.com/]website[/URL] the scams nowadays which i'm afraid to encounter

personal lending of LA 1:52AM January 05, 2012

How do I join a credit union???

Val of FL 7:04PM November 05, 2011

Credit unions are great; I belong to two. Gwenyth is rightly enthusiastic about credit unions but somewhat overstates what is happening in "banding together". Many credit unions belong to shared service center networks, which at one time were regional but have been combining to form a national network. This means that, for those credit unions in the network, members can use the designated branches or stand-alone service centers to do basic transactions on their credit union accounts. But not all credit unions are part of that network, so if that is important for you, check that out first.
The ATM network is similar, but not part of the same system. If one has a Debit or ATM card from a participating credit union, there are thousands of ATM's that can be used to access funds with no fee for using that terminal.
Overall, people will usually save a lot of money and be treated a lot better using a credit union over a bank. It is like doing business with George Bailey instead of Mr. Potter.

CU Guy of WI 11:57AM April 27, 2011

Gwenyth has a good point. What's true is that there is a credit union for everyone in the United States. As we like to say: Everybody can join a credit union, just not the same credit union. To find out more about credit unions -- including one you can join -- go to www.asmarterchoice.org.

PK of DC 9:16AM April 27, 2011

So, you have repeated here the main reason most people don't join credit unions, and it simply isn't true anymore. The difficulty being limited branch offices and atms. Recently, the vast majority of credit unions in the nation banded together. You can now use -any- branch office of -any- credit union to do your banking. Along with all their atms. This means that Credit Unions actually have more atms and branch offices available to you than -any- commercial bank. Nearly as much as the top 2 combined, and more than the next 4 combined.
What was once a drawback, an area where credit unions were weak, is now a shining strength. Yet another area where they outshine their corporate counterparts. There really isn't any area left where they do -not- outshine corporate banks.

Gwenyth of CA 3:13PM April 26, 2011