Why Choose A Credit Union


A: You’re not alone. Many Americans are dissatisfied with their banks, and are looking to make a switch.

As a credit union member, you can expect to have a more rewarding experience. Because credit unions are member-owned and not-for-profit, they are more attuned to the needs of their members.


Let’s take a look at how having a checking account in a credit union differs from a bank.

1) Account fees

To the unsuspecting consumer, big banks may not feel like money-hungry monsters. But while they’re happy to hold onto your money, once your account is up and running, expect to get hit with steep maintenance fees. The average bank charges consumers close to $150 each year for having an open checking account.

On the flip side, many large credit unions offer free checking or make it easy to avoid the fees, so you can set up your account and keep it running without it costing a dime.

2) Overdraft fees



Most credit unions will be more willing to forgive the occasional error. While some credit unions do charge an overdraft fee, on average, these fees are a lot lower than what banks demand.

3) Fewer strings attached


4) Credit unions are government-regulated


However, credit unions face more government restrictions on their investments and loans than banks do. This means your credit union has to be super-careful with how it invests your money.

5) Superior service


When you stop by your credit union, you’ll be greeted with friendly, familiar faces and representatives who actually care. They’re always ready and willing to help you because they only have your best interests in mind – always.

Why choose a credit union for your checking account? With lower fees, fewer strings attached and better service, it’s the best place possible to park your money!