Tuesday, August 11, 2009

Banking from Non-Banks - Credit Unions

Everyone knows
  • Bank of America,
  • CitiBank,
  • WellsFargo,
  • Chase
or other major bank across the nation.

But there is another kind of bank, which does not call itself Bank but Credit Union.

Credit Unions were founded a long time ago, by companies, cities or other organizations to serve their own employees. Their services were initially limited to those employees or other special interest groups, but have nowadays opened themselves more and more to the general public.

Credit Unions, as not being the big banking giant, are your local bank around the corner. Usually their offers are better than those of the major banks.

More information soon at this place!