Credit Unions Offer Unique Banking Services to Members
State Journal, The › August 25, 2009
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Summary
Staying conservative lenders and being true to the founding principles have helped credit unions escape recent lending concerns plaguing the banking industry. Also credit unions historically offer fixed rate, rather than variable rate mortgages A credit union provides a host of banking services, but unlike a bank, it is a nonprofit entity owned by all the members.
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Extract
Credit Unions Offer Unique Banking Services to Members
The more things change, the more they stay the same.
Credit unions came about to help modestly employed people get a little bigger piece of their version of the American dream. Today...See the full content of this document
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