Move Your Money

[WildWestDesigns]

Credit unions are owned by the members and act in the membership best interest.

In theory, yes. However, not all the time. You do get some politics involved and different things can happen. Doesn't happen all the time, but it does happen. Same thing with Co-Ops. They sometimes start out as trying to do what's in the best interest of their membership, but things happen along the way that get involved and sometimes there is a sharp deviation from the plan.

 

[Mosh]

I have mine in our three locally owned banks....FDIC covers $250K, Bill M is a fear Monger just like Glenn Beck, but on the other end, still just as bad.

 

[CanuckSigns]

There are good and bad credit unions, just like there are good and bad sign shops/banks/restaurants etc. Just make sure you do your research before, just like any decision you make.

If any americans have any ties to the military, if you served or a family member has served, you have the option of opening an account with USAA www.usaa.com every review of them i have read online has been awsome!