Earlier quoted context omitted.
I'm curious here: what are the benefits of using a credit union over a bank? What are the drawbacks? Right now I keep 95% of my money in investment accounts (I use Interactive Brokers these days, they have reasonable fees for trades and zero bullshit, which puts them two steps ahead of any normal bank that I know of), and push the remaining stuff to a throwaway checking account @BoA as needed to cover recurring payme…
The main advantage as mentioned above is that they don't tend to screw you. I'm a member of the a state credit union and have been for years. The people are more friendly, more helpful and overall provide a better experience. My cu offers all the things you listed and the only entry requirement for it is living in the state. The downside, at least with my credit union, is that there are zero branches outside the stat…
Re: The $36 soda: Overdrafting in America
#181Yeah, my credit union had, until recently, a single branch in my hometown. Debit cards and the CU Service Centers thing has made this a complete non-hassle. The only real problem is that when I call them, I do it across time zones.