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Credit unions are harder to get accounts with than most banks. If "no bank will take you", you possibly have unpaid obligations to a particular bank, such as unpaid overdraft fees or other bothersome debits to your account. Banks share this information about their clients who have defaulted. However, it need not remain a permanent problem. It may be a better strategy to simply pay them, or possibly negotiate a settlement. Then it should be smooth sailing in regard to opening any bank account.

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16y ago

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Where can you open a savings account?

You can open a savings account at any bank or credit union. There are online bank savings accounts, too.


Does it cost money to withdraw from a savings account?

depends on your bank/credit union


Is saving account a bank account?

If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.


What is the difference among a investors savings bank and a credit union?

One of the main differences of and investors savings bank, and a Credit Union is ownership. The members of a Credit Union are the owners of the bank, with every depoist into their account buying shares in the bank. A savings bank is directed by an elected board of directors, and usually deal with real estate financing.


What is Account type of credit Union account?

At a credit union, you can have checking, savings, money market, etc. just like you would have at a bank. One difference is that credit unions are owned by its members (account holders), rather than stockholders.


Credit Union?

form_title=Credit Union form_header=How can joining a credit union benefit you? Better rates and fewer fees are just a few of the many reasons as to why. Have you used a credit union before?*= () Yes () No Are you looking to open a checking or savings account?*= () Checking () Savings Do you have any outstanding accounts with another bank?*= () Yes () No


Where can interest rate savings be made?

One will find that interest rate savings can be made through one's local bank or credit union. One just needs to save money in a savings account, and/or in a money market account.


Is USAA Bank considered a credit union?

No, USAA Bank is not considered a credit union. It is a federal savings bank that primarily serves military members and their families.


How do you save money and increase your bank balance faster?

Ask if your employer participates in a credit union with automatic payroll savings. If not, ask your bank if you can arrange to deposit your pay electronically to a checking account with an automatic transfer to a savings plan. Otherwise, simply deposit a set amount of money from your paycheck into savings every pay period.Ask if your employer participates in a credit union with automatic payroll savings. If not, ask your bank if you can arrange to deposit your pay electronically to a checking account with an automatic transfer to a savings plan. Otherwise, simply deposit a set amount of money from your paycheck into savings every pay period.Ask if your employer participates in a credit union with automatic payroll savings. If not, ask your bank if you can arrange to deposit your pay electronically to a checking account with an automatic transfer to a savings plan. Otherwise, simply deposit a set amount of money from your paycheck into savings every pay period.Ask if your employer participates in a credit union with automatic payroll savings. If not, ask your bank if you can arrange to deposit your pay electronically to a checking account with an automatic transfer to a savings plan. Otherwise, simply deposit a set amount of money from your paycheck into savings every pay period.


Where could one find a savings account with a high yield?

A local credit union would probably have the highest yields on savings accounts. Otherwise, Ally Bank, Sallie Mae Bank, and Capital One offer high yield savings accounts.


Can you be denied a savings account?

No. As long as you have money that can be deposited into the savings account, the bank cannot deny giving you a savings account. However, if you have a history of bad checks being issued, default on credit card payments etc the bank will not issue you any credit cards or check booklets.


Can a bank set off credit in savings bank account to recover a time barred debt owed by the account holder?

i think they can