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What are the benefits of saving money with a credit union instead of a bank?
Wiki User
∙ 10y ago
Credit unions tend to have lower rates compared to most big banks. Other advantages include their tendency to be more available to customers, they are a co-op, not a corporation, and they are usually member owned and run.
Wiki User
∙ 10y ago
Wiki User
∙ 16y agoif you open an account with a credit union after time you can get loans with little interest rates- that is if you have money in it and no bounced checks ect
Wiki User
∙ 16y agoIn my experience, you pay slightly less interest on a loan from a credit union but you may get slightly less interest on savings in a credit union.
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