After moving recently and becoming employed by an
organization that supports a credit union I have decided to give it a try. After going to a local bank here that we
really haven’t used in a long time and getting our money withdrawn we went down
to the local credit union. While all
financial institutions are different the experience was fast and very
convenient.
The thing that surprised me the most is the fact that the
credit union printed out our debit cards right there on the spot. So Instead of having to wait for weeks on end
before we are able to access our account we have our Debit cards right away and
have access to our money.
Along with this for all of my life I have used local
banks. I really enjoy the great customer
service I have received at these banks.
It was always nice to go into the bank and have one of the tellers ask
how my parents in Guam were doing.
However, when we moved it became next to impossible to use a local bank
as we have no way to deposit checks.
This problem is solved with a credit union. With connections nationwide no matter where
we go we will be able to use free ATMs and also deposit checks. This makes life easier.
Overall you have to ask yourself where do I want to place my
money? Banks do have some advantages but
as recent media coverage has shown us, in the end many banks care more about
making money than they do about good customer service. Every financial institution is different as
such a non-profit organization like a credit union may work best for you.
If you want a good comparison check out this infograph
