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Self promoting this video and sending it back into the queue for one more try; last queued Tuesday, October 4th, 2011 1:31pm PDT - promote requested by original submitter dystopianfuturetoday.

Already there.

Credit unions are a good idea and provide some desperately needed options to the public. By all means, join one if you can. One of the main reasons CUs can charge so much less is because they have tax-exempt status and theoretically distribute their profits to their members. They aren't supposed to use that money for ads, expansion, or other marketing gimmicks.

Which credit union is the best one though?

I support this. But the big banks already colluded with government and committed a banking coup that shut down and absorbed small and midlevel banks not two or three years back. I wonder how long it would be after a big exodus from the big banks before CUs would be targeted.

>> ^Yogi:

Which credit union is the best one though?


Credit unions memberships are limited to a certain locality or group. So it varies depending on where you live. I'd choose the one that has the most locations, and is insured by the NCUA (nearly all are).

Also, it's helpful if the credit union is part of the coop network. If it is, you can use ATMs at other Coop network credit unions at no charge. And you can use any ATM with the Coop network logo for free. For example, all ATMs at 7-11s use the coop network. http://en.wikipedia.org/wiki/CO-OP_Financial_Services

I'm quite happy with my credit union. Free overdraft protection to a line of credit beats the hell out of $30 overdraft fees at large banks.