Joining a credit union might be the perfect way for you to accomplish a number of financial goals. You could create checking and savings accounts, acquire a credit card, receive financial counseling, and even get a mortgage or auto loan. However, it's crucial that you find the right credit union for you. Customer service, location, technology, and financial services should all factor into your decision. If you're ready to get started, scroll down to learn how to choose a credit union.
How to Choose a Credit Union
LOCATION
Even if a particular
credit union is known to be friendly and helpful, it won't be of any use to you if it isn't located nearby. So first, research your options. What credit unions are located in your area? Depending on the size of your city, there could be one, two, or over twenty! Then, figure out which credit union's branches have the most convenient locations. If possible, try to find a credit union with a branch located near your home or workplace.
FINANCIAL SERVICES
If you're looking for a credit union, I think it's safe to assume that you need the credit union for one or more financial reasons. Do you need to open a checking or savings account? Do you want to get your first credit card? Do you need a home loan? First, be sure that your preferred credit union offers all of the services you need now and expect to need in the future. Then, delve into the details of those financial services. Do they offer low interest rates? What are their loan options? Do they provide financial counseling and helpful resources? If their financial services are not up to par, find another credit union.
TECHNOLOGY
America's love of technology is not a passing fad. If you're like most people, you frequently send and receive e-mails, access the Internet on your phone, and would like to complete banking tasks on the run (like checking your account balance or making transfers). So, look for a credit union that is up-to-date technologically. They should offer mobile banking, have a detailed website, and constantly evolve to accommodate new technology.
CUSTOMER SERVICE
Finally, it should be a pleasure to talk to the employees at your chosen credit union. Whether you're depositing a check, opening a new account, or curious about your loan options, you should feel welcomed and appreciated. Most importantly, you should feel confident that this organization is able to handle your money. Be sure to stop by the credit union yourself and ask some questions before you commit to anything, but also consider asking friends and family members for their recommendations. If you're willing to listen, I'm sure you know someone who wants to rant or rave about his or her credit union.
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Are you interested in joining a credit union? If you live or work in southwest Missouri, check out
BluCurrent Credit Union. With our unbeatable loan options, 6,800 shared branches across the country, and fantastic customer service, we might be the perfect financial service for you. In addition to our three locations (two in Springfield and one in Nixa), we also offer online and mobile banking for your convenience. Plus, we provide nationwide ATM fee refunds with our
checking accounts! To learn more about our services and benefits, please stop by one of our branches or explore our
website. We would be happy to help you further understand the differences between banks and credit unions.
