Comments on: 10 Reasons Why Credit Unions Kick Ass

By: Josh

Josh — Thu, 08 Sep 2011 19:22:50 +0000

Maybe your friend deserved to be fired. People get fired everyday especially people that have been there for long periods of time and think they are better than other employees and can get away with more.

By: Anonymous

Anonymous — Fri, 22 Apr 2011 03:21:23 +0000

Is not unfair, if you consider that every single member is the owner of that credit union. Any extra money comes back to you as a dividend. Do not think this is fair enough?

By: mannymacho

mannymacho — Mon, 11 Apr 2011 14:45:42 +0000

I think that #10 on this list is the most important going into the future. Now that banks have proven they can take massive risks and simply be bailed out when things go wrong, (smaller banks too must take these risks to stay competitive), the only way to stop the madness is to speak with your deposits.

By: Ronster

Ronster — Thu, 04 Nov 2010 16:48:28 +0000

Dude my bank sucks, but my credit union kicks soo much ass. I salute you credit union.

By: David

David — Fri, 15 Oct 2010 15:57:00 +0000

My credit union was ok but issues which disturb me are:
1. Provisional credit from fraud possibly aldi skimming victim. may have to pay it back if aldi doesn’t do the right thing or if the detectives can’t solve the case. Or since the skimmers got my pin.
2. Was paying after services rendered and found it was declined plenty of funds. Another credit union member informed me she also found out the credit union computer system for debit or credit was down. Luckily I had some cash no warning ahead of time. Bigger banks tend to do this via email or text.
3. Since the skimming incident they’ve ordered a new debit card for me. Wow still after 14 days not banking still don’t have it. Some banks told me they can overnight them.

After skimming found the person over the accounts to be very rude and wanting money reimbursed. You ask about your debit card and he interupts etc. Lousy customer service skills.

By: Chris

Chris — Mon, 28 Dec 2009 22:31:43 +0000

They are convenient until you need to go into one or make a deposit on a Friday afternoon!

By: Chris

Chris — Mon, 28 Dec 2009 22:30:47 +0000

My credit union has always taken good care of me. While the deposit rates seemed lower, so too were the loan rates.

By: Shock

Shock — Wed, 09 Dec 2009 04:22:22 +0000

We’re planning on opening a CU account at our local county CU to pay our daycare expenses. The headquarters branch is a block from our house. They have online banking. I’m going to keep my BofA accounts open though. Why not? I get the benefits of both.

By: jsbrendog

jsbrendog — Tue, 01 Dec 2009 15:29:02 +0000

ps, surprisingly, and i know i am in the vast minority here, I never had a problem with and loved WaMu and so far (knock on wood) haven’t had any problems with chase. in fact, the only one i did have they were super nice about and tok care of. granted it was frustrating because of the glitch and beauracracy but they did what they could in the branch i went to

By: jsbrendog

jsbrendog — Tue, 01 Dec 2009 15:26:15 +0000

i’ve been considering making the switch to alocal credit union but just can’t do it. They are a little too far from my house, while there is a chase within walking distance, and there are too few atm options to avoid fees especially since i work and play in the big city (where there is a chasse or duane reade on every corner, literally)

maybe one day…maybe one day….

By: paystolivegreen

paystolivegreen — Tue, 01 Dec 2009 14:06:42 +0000

Credit unions are great, but I always seem to stick to use commercial banks for the convenience.

By: Izalot

Izalot — Tue, 01 Dec 2009 03:19:37 +0000

I love my credit union. There’s a sub branch within my place of work. People are frendly and not pushy. Rates for my home were obtained at 4.75%. I’ve never had a fee attributed for insufficient funds or other crazy things. I agree I’ve has over 20 years on the credit union train and I have no problem with them.

By: daenyll

daenyll — Tue, 01 Dec 2009 00:43:20 +0000

My former CU, Teachers Credit Union (IN) acted more like a bank at times. They’d once had great rates but in the last couple years they were less competitive than the regional banks. I primarily used my accounts for transferring money to online accounts since I moved out of state for college and graduate school. I finally called it quits when I aged out of the student checking and they started charging me a maintenance fee without telling me until they’d drawn down the account and I got notice of a negative balance and a penalty fee.

By: Lynn

Lynn — Mon, 30 Nov 2009 19:46:58 +0000

Since they are non-profit what’s unfair about it? Do you like paying higher rates on loans and making less on your savings? do it then, too me using a bank that is more interested in making money than in serving me is silly. You’d rather support BofA just so they can take 28.5% of the money they make to pay taxes with? Not with my money!

By: Lynn

Lynn — Mon, 30 Nov 2009 19:37:13 +0000

My dad was a VP of BofA back when they were California only … he hated CU’s. CU’s have been my primary financial institutions for 20+ years. Our latest mortgage (1 month ago) rate was 4.25% … banks just can’t touch that!

Mutual Security FCU (CT)
Hudson Valley FCU (NY)
New England FCU (VT)