The credit union idea arose centuries ago as people worked under a common effort without thought of profit – they put out fires, harvested crops, and avoided high-priced loans by lending to one another. In the 1850’s, hard times hit Germany, and people turned to each other for help. They removed small savings from under […]
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What to look for when selecting a Credit Union?
Credit unions are a great way to save money and to increase the savings rate that you might be receiving on your interest-bearing account. Unlike their commercial counterparts, credit unions typically offer free accounts with no minimum balance requirements. The benefits of a credit union go far beyond just maintaining an interest-bearing checking account. Customers […]
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