We do not have to support big banks. The credit union is one of my favorite alternatives to larger banks. According to Wikipedia, “A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.” Credit union deposits are FDIC insured and credit unions offer most of the services banks offer.
I like my credit union because, unlike a bank that has a heavy layer of executives that manage your money for their profit, my money stays here and works for the credit union members.
— Stewart Wedthoff
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