Shameonyou
All Star
how many of yall are with a credit union instead of a bank?
Credit Union v Banks: which do you prefer?
- Thread starter Shameonyou
- Start date
Been in a credit union since I was 16 years old. MCU we in here.
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USAA Federal Savings Bank....I'll have them the rest of my lifeAtlienInTheGoodieMob
Superstar
Same here credit union is just
Financed 2 cars, a house, and transfered my pension plan to a IRA when my job stop doing pension.
Dont have to worry about any bullshyt fees and penalties
like BoA and Wells Fargo try to hit you with
Treblemaka
President, BYNKRadio.com (Retired)
I've got accounts at both.
I started banking with a credit union in High School. I kept a couple of savings accounts with them that I'm still depositing into.
After I got my career going I got several checking and investment accounts with a large bank.
Large banks have more leverage on the economy which they can use to benefit themselves and accounts they manage. Credit Unions are owned by those who have accounts with the union rather than being publically traded and thus take less financial risk and have better savings rates. It's also easier to access your money anywhere in the planet when you are with a large bank then it is when you are with a credit union. But big banks have more account fees then Credit unions.
I would say have both to get the benfits of both.
I started banking with a credit union in High School. I kept a couple of savings accounts with them that I'm still depositing into.
After I got my career going I got several checking and investment accounts with a large bank.
Large banks have more leverage on the economy which they can use to benefit themselves and accounts they manage. Credit Unions are owned by those who have accounts with the union rather than being publically traded and thus take less financial risk and have better savings rates. It's also easier to access your money anywhere in the planet when you are with a large bank then it is when you are with a credit union. But big banks have more account fees then Credit unions.
I would say have both to get the benfits of both.
Opened my credit union account (and took out my first auto loan on the same day to learn how to establish-build credit at age 18) in December 2005, they've been good to me.
I've heard a lot of negative experiences about banks, especially Wells Fargo.
I've heard a lot of negative experiences about banks, especially Wells Fargo.
I was overdrawn a while back and called up the credit union to see how long I had before they hit me with the fees 
They told me I had 60 days
When I was with a bank they wouldn't even give me 1
I ain't never going back
They told me I had 60 days
When I was with a bank they wouldn't even give me 1
I ain't never going back
SPACE IS FAKE
Say No To NASA!
Banks we off that
Navy Federal
Navy Federal
Reactor1804
You either build or destroy.
Credit Union on mine! Fucc a bank, especially Chase Bank!
beenz
Rap Guerilla
I have both. But have used my credit union for financing all my big purchases. They're really hassle free for loans it seems. I'm talking cars and houses. I haved used a regular bank to refinance a mortgage once tho. I don't have a atm card for my credit union, so I'm never tempted to spend money in there. Matter of fact, I have only withdrawn from that account maybe 5 times total since I've had it.
AyBrehHam Linkin
First Black Brehsident
UW credit union
MidniteDejavu
Rookie
Credit Union.
Been with Navy Federal since 1999. Qualified for a 1.99% interest rate for my 2nd car.
For comparison, Bank of America would only offer 3.99%.
Been with Navy Federal since 1999. Qualified for a 1.99% interest rate for my 2nd car.
For comparison, Bank of America would only offer 3.99%.
Thinking I Might Keep My Checking With Chase And Change My Savings To MCU, I'm A City Worker, Gotta Look Into It 