I like the idea of a less profit-driven business that is maybe more community-focused but I wonder if they have the same capability as a bank? Have you been able to do your banking needs at a credit union? Was the customer service decent?
I like the idea of a less profit-driven business that is maybe more community-focused but I wonder if they have the same capability as a bank? Have you been able to do your banking needs at a credit union? Was the customer service decent?
Hey, I'm a banker. Obviously, credit unions are smaller businesses than a large bank. If you haven't used a small bank before, note that it is different.
But the biggest thing that I can think of you may not expect is that credit unions are not insured the same as a bank. Some may be insured adequately for your needs, or they may not. Do your homework.