Are There Advantages to Choosing a Credit Union Over Another Financial Institution?  The Obvious Answer Is Yes.
Disclaimer: We do not mean to pick on banks. The report cited below compared credit unions specifically to banks.
 

Bank Rate Monitor (BRM), a periodical specializing in reporting on the banking field, recently took a survey of credit union rates versus bank rates on certain products and services. BRM's findings point out an obvious fact: credit unions overall come out ahead of banks in a number of areas.

New Car Loan Rates

New car loan rates at credit unions surveyed nationally are typically lower. BRM found credit union car loans priced as low as 1.59% below the average bank car loan rate.
 

1-Year Certificate
 

A one-year certificate shows a differential of 0.79% more at credit unions than at banks, on average.

Money Market Accounts
 

The comparison is the same for money market accounts. Credit unions paid higher dividends, with an average of 3.54% in a single month, compared with the bank average of 2.32% for the same time period.

Credit Cards
 

Similarly, the credit card rate at credit unions is dramatically lower than those at banks. The average credit union credit card rate was 13.11%, while banks showed an average rate of 16.85%
 

So what's the bottom line?

Stick with your credit union and you'll come out ahead!
 

  Extended Office Hours

Beginning June 1st, 1999, We will be opening at 7:00 am 4 days a week.

Due to the favorable response from our members during the trial period of April and May, the Credit Union's hours will be 7:00 am - 4:30 pm Monday, Tuesday, Thursday and Friday. On Wednesday, we will open at 10:00 am.  

Don't forget: You can always access your account through our audio response line and NetTeller Service...........................24 hours a day, 7 days a week