Your Credit Union On Every Corner?

Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend.

Image Not Available

Credit Unions traditionally offer higher interest rates and lower fees than banks. The only problem: if you want to make a deposit or use an ATM, visiting a branch of your union might not be convenient or even possible. But, thanks to “Credit Union Sharing”, that’s all about to change.

Credit unions are joining together to form networks that will allow you to enter any networked branch, anywhere in the country (even internationally), and bank just as if you were at your home branch. In other words, if you’ve kept “location” on your list of reasons to pass on the local credit union, you may have to think again.

Why switch to a credit union? Simple… lower interest rates on loans and higher interest rates on savings. In the current economy, an extra percentage point or two on your savings account, or off your auto-loan, can really help. So definitely check out a credit union.

To find out if your union is a member of a network, just ask, or check it out online.

Get smarter with your money!

Want the best money-news and tips to help you make more and spend less? Then sign up for the free Money Talks Newsletter to receive daily updates of personal finance news and advice, delivered straight to your inbox. Sign up for our free newsletter today.