Print Share


Improving Your Financial Life

Blog > 2010 > April > What's the Benefit of a Credit Union Com...
April 16, 2010

What's the Benefit of a Credit Union Compared to a Bank?

by admin

federal union credit cardA credit union is member focused rather than profit focused, which is what most banks are.

The interest rates and fees that are charged for a credit union credit card are significantly lower when compared to the bank, as they do not operate for profit.

There are a number of people who are opting for a federal credit union credit card as the interest rate is much less, which is a big benefit during our current recession.

Financial Center, which serves members in the Indianapolis area, offers a number of products and services that are useful to credit union members. Our credit union also offers its services to military and civilian personnel stationed overseas.

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