Print Share

Blog

Improving Your Financial Life

Blog > 2010 > April > What Are The Advantages Of Credit Union ...
April 28, 2010

What Are The Advantages Of Credit Union Banking?

learning about moneyWhat are the advantages of credit union banking? Credit unions are nonprofit organizations and becoming a member is relatively easy if you belong to a particular labor union or residential community. The financial services that are offered by credit unions are very much similar to banks, yet credit unions are owned by their members.

Credit union banking offers plenty of financial services and the interest rates on loans of these services are favorable when compared to banks. Lower fees and lower interest rates on credit cards offered by credit unions make them extremely popular. The loans offered at credit unions also offer lower interest rates.

If you're interested in learning about putting your money into credit union banking, please don't hesitate to get in touch with Financial Center of Indianapolis.   


Category: FCFCU
Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI