For those of us who have always dealt singularly with banks, they may not be familiar with how credit unions work or the advantages of a credit union over a bank. However, credit unions offer many benefits, especially for an individual looking to open an account with lower fees and better savings rates. With only a few key differences between them, should you go with a bank or credit union?
From their fee structure to interest rates, product offerings, and services similar to a bank, here is a breakdown of why credit unions are better than banks. Continue Reading