Questions to ask a credit union
If you have decided on going with a credit union opposed
to a bank or finance company then here are a few questions
1. Is your Credit Union is owned by its members.
2. Are your savings accounts in your Credit Union federally
insured up to $100,000?
3. Can your Credit Union can offer low-cost loans and good
dividends because it is operated “not-for-profit, not
for charity, etc.
4. Compare their interest to that of the top
money market accounts online
5. If you are searching for a loan, then compare their low
interest rates to that of a online
6. Credit Unions normally have a great credit
card program for those who have invested money with them.
Once again compare their intro offer APR to those of the leading
banks and decide what is best for you.
7. Finally, decide what credit union is best for you. They
have one for teachers, pilots, federal government employees,
state employees, and the list goes on. Keep in mind you are
not limited to just putting your money in one basket and I
would definately look at the private sector of lending and
What are the alternatives to credit unions? There are so
many banks and lenders out there its hard to choose the right
one and know where to keep your money safe. Credit unions
are normally a good place to store your life savings from
Buffalo, New York, to the Plains of Kansas they are normally
dependable and very trustworthy organizations.
Keep in mind that you have
to check out the interest rates of the online lenders and
banks who are just better than anyone these days. Always make
sure your credit union is FDIC insured if they are not then
check out our selection of banks immediately. Here are some
alternatives: Online Banking, Loan Comparisons
If you are interested in home equity loans then check out
our nationwide mortgage
center featuring the top lenders.