tag:blogger.com,1999:blog-32356923.post3739950832627216614..comments2024-03-21T08:00:29.057-07:00Comments on PFStock: Personal Finance and Stock Investing: Are Credit Unions Really Any Better Than Banks?pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-32356923.post-45589666633952341772013-01-05T16:11:16.108-08:002013-01-05T16:11:16.108-08:00Give the little guys a chance.Give the little guys a chance.QUALITY STOCKS UNDER 4 DOLLARShttp://www.mysheriff.net/profile/finance/alsip/930503601/noreply@blogger.comtag:blogger.com,1999:blog-32356923.post-13827626524155342122012-11-27T12:06:03.138-08:002012-11-27T12:06:03.138-08:00We have both a small bank account and credit union...We have both a small bank account and credit union account. We moved into the credit union account about 4-5 years ago when the bank was offering such low interest rates and high fees. Granted, the CU interest rates aren't that great, they still are better than the bank offers. I feel the CU also offers better personal service as compared to the bank, which I value. Yes, I feel that the Credit Union is better.<br />peg42https://www.blogger.com/profile/08592011507699308806noreply@blogger.comtag:blogger.com,1999:blog-32356923.post-58878403203506984762012-04-16T07:05:28.378-07:002012-04-16T07:05:28.378-07:00I moved to a credit union about 5 years ago for my...I moved to a credit union about 5 years ago for my primary accounts and have been very pleased with them so far. There rates have been better than other local banks, but like everything you need to compare rates/prices regularly to ensure your getting the best deal.2millionhttp://www.2millionblog.comnoreply@blogger.comtag:blogger.com,1999:blog-32356923.post-50799310760801951922012-01-29T17:49:16.192-08:002012-01-29T17:49:16.192-08:00Why not a non profit banking company to make small...Why not a non profit banking company to make small business loans. Because its illegal ever heard of such a thing. Why because goldman' bank of america and all the other mega financial institutions want nothing of the sort. Wallmart wanted to have a bank of their own for other reasons of course but they can not get a charter from the federal goverment to run their own bank. The financial interests are just to powerful.Penny Stock Bloghttp://www.manhattancalumet.comnoreply@blogger.comtag:blogger.com,1999:blog-32356923.post-62528203068775142542011-11-10T20:59:01.698-08:002011-11-10T20:59:01.698-08:00I have worked for a credit union for 32 years. Man...I have worked for a credit union for 32 years. Many things have changed in that time but I still think credit unions offer the best rates both for saving and lending. Two other family members work for banks so we compare the two. Our credit union has seven branches and we pay a lot in property taxes and other taxes. We may be not for profit but we have to offer the same services with less income to pay for them. We are still for the little guy the banks don't want.Forex Brokerhttps://share.zoho.com/preview/writer/1515455000000012003/distinctiveness-of-forward-contractnoreply@blogger.comtag:blogger.com,1999:blog-32356923.post-47736965087278759442011-11-09T07:16:44.649-08:002011-11-09T07:16:44.649-08:00Coach: Thank you for your comment. Currently, ther...Coach: Thank you for your comment. Currently, there is a lot of public anger directed toward banks. Not all banks are that bad. But, my point is that readers should not automatically assume that moving their money from a bank to a credit union is the best solution. <br /><br />In my case, I was a member of a smaller credit union that was acquired by Western FCU. They closed my local branch, and invalidated my unused checks due to the name change. Frustratingly, they've refused to waive my check printing fees even though the reason for I needed new checks was because of their merger.<br /><br />I considered joining Patelco CU a few years ago. I hesitated because (at the time) Patelco did not insure its member deposits with the NCUA (National Credit Union Administration) and opted for private insurance instead.<br /><br />So to me, credit unions have not been better than banks in many ways. Unfortunately, I have not found a credit union that is competitive with better banks.pfstockhttps://www.blogger.com/profile/16235204038486228085noreply@blogger.comtag:blogger.com,1999:blog-32356923.post-87916796413796523222011-11-09T05:49:11.283-08:002011-11-09T05:49:11.283-08:00If your main criteria to pick a credit union is hi...If your main criteria to pick a credit union is high money market or CD rates then good luck. The more important question is, "What are you trying to do with your money?" Many credit unions like Patelco have FInancial Advisors who can counsel you on geting from where you are now to where you want to be with your money. Patelco Financial Advisors also offer CDs from other financial institutions. It's all about the relationship. Good luck with your search!Mark Hoaglin, Speaker, Author, Seminar Leader, Financial Services Expert, Sales Program Transformerhttps://www.blogger.com/profile/15619630454339721091noreply@blogger.com