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Sunday, November 25, 2007

Credit Union

Q: What are the main points that i must consider before being a member of any credit union(CU)?

A: Before joining any CU(credit union) you have to take care of some points so that you can get the best of their services and can fulfill your needs. These are:
1) The first thing is the location of the credit union. It must not only your residence but also some other locations.
2) Whether you want your credit union services or say banking services online or not.
3) Whether they are providing you the ATM services or not at various locations and can easily access your payments and funds and deposits without paying any additional charges.
4) Does the credit union is providing you the customer services or not.
5) The last thing is that to examine that are they dealing with you as a member or owner of the union or just like any other customer.


Q: What are the benefits of joining a credit union?

A: Credit Unions offers lower interest rates on loans and higher interest rates on the deposits of their members. You are like an owner of the union not the just a customer. They provide best, online and secure services to their members. Credit federal union, credit trans union, business credit union are the one of the trustworthy credit unions. These credit unions also not charge you any type of additional fees. The CU proves to be much better than the banks.

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