Archive for January 12, 2010

CBS Money Watch: Bye Bye Banks, time to join a credit union

The CBS Moneywatch.com Web site featured an interesting article about the advantages of using a credit union today. 

“Given public opinion about banks right now — the label “vampire squid” was recently slapped on one particular investment bank, but it sums up the Q rating for the whole financial sector — this is a good time to be offering an alternative. But the nation’s 8,000 credit unions have more to recommend them than the mere fact that they are not banks. They also offer a fairly good value proposition, with higher savings yields and lower rates and fees. That may be why credit unions, which now have 92 million members, are seeing their fastest growth since 2003.”

You can read the entire article here. 

This is a great time to transfer your business to your credit union.  Give us a call and we’ll be glad to help.  After all, you are more than a customer at your credit union; you are a Member/Owner!

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