3297: Credit Unions vs. Banks by Daniella of I Like to Dabble on How to Make Great Financial...
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Daniella breaks down the key differences between banks and credit unions, highlighting how each serves customers differently in terms of fees, interest rates, accessibility, and customer service. By weighing the pros and cons, she helps you decide which type of financial institution aligns best with your lifestyle, whether you value personal connection, convenience, or digital tools.
Read along with the original article(s) here:
Quotes to ponder:
“The biggest difference between a bank and a credit union is that banks are for-profit institutions and credit unions are not-for-profit institutions.”
“You’ll definitely get more bang for your buck when you choose a credit union.”
“If you like checking your balance online or transferring money from your phone, a bank might be a better option than a credit union.”
Episode references:
FDIC:
NCUA:
Credit Union National Association:
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