There are several reasons why you might want to choose a credit union for your checking and savings accounts:
Lower fees: Credit unions typically have lower fees than traditional banks, which can save you money over time.
Better interest rates: Credit unions often offer higher interest rates on savings and checking accounts, which can help you earn more money on your deposits.
Personalized service: Credit unions are often smaller than big banks, which means they can provide more personalized service to their members.
Community-focused: Credit unions are often more community-focused than traditional banks and may offer special programs and services designed to help members in the local area.
Non-profit status: Credit unions are not-for-profit organizations, which means they are owned by their members and are focused on providing value to them, rather than generating profits for shareholders.
Shared branching: Many credit unions (like MMCCU) participate in shared branching networks, which allow you to access your accounts and conduct transactions at other credit unions across the country.
Credit unions are a great choice for people who are looking for a more personalized and community-focused banking experience, and who want to save money on fees and earn higher interest on their deposits.
Learn more about checking and savings account options at MMCCU HERE.
