Credit union advantages
- They are essentially nonprofit organizations
- Lower loan rates
- Pay higher savings yields
- Lighter on fees – 72% of largest credit unions offer free non string checking – many don’t have monthly fees (but those often don’t pay interest either
- Lower fees for overdrawing
- Many require only $5 to open savings account
If you are a veteran, there are quite a few available. But must be veteran
Many are not nationwide though.. so these highly recommended ones are
Alliant Credit Union – free if living in Chicago ...
Continue Reading →FEB
2017