I would have to agree. I left my bank almost 5 years ago for a credit union because at the time, they required me to keep $1500 in my acct at all times in order to avoid fees. The credit union requires me to keep only $50 with them. Things have changed and I know some of the banks here are finally wising up and offering free checking and no fees. But now I have no reason to leave my credit union so fuck 'em. They should have never fucked up in the first place as far as I'm concerned.mdaniel said:The mission statement of a commercial bank is to ass rape you and squeeze as much money out of you as possible. That means the loan rates are as high as possible, the investment rates are as low as possible, and they fee the shit out of you.
Credit unions are owned by the members. So it wouldn't make much sense to screw the customers to pay the shareholders since they're the same people. That means the interest rates are better, much less fees, and an overall better attitude. Its more about serving the customer/member than getting your money and getting you out the door.
pretty much, i know for me i got offered a bunch of perks if i signed up with my credit union, b/c it is only for pepsico employees ie. pepsi/frito/trop/quaker/gatorade employeesDriven said:
A lot of times you have to "qualify" for membership at a CU. I was able to get in one because of where I work, and the other is where I got my car loan via the dealer.Driven said: