Where Does Your Money Go?
Have you ever had such a terrible customer service experience or been charged so many fees at your bank that you seriously considered closing your accounts, but didn’t because, well, would another corporate bank be any different? Credit unions are a viable alternative to big banks. After a terrible customer service experience, this was exactly the course I took. There are always considerations when changing banking institutions. Your number one concern should always be bank fees. While credit unions will often have lower fees than a corporate bank, this is not always the case and should never be taken for granted.So what exactly is a credit union? A “cooperative financial institution chartered by the federal government and owned by individual members”. This means that when you put your money in…
