If you want to avoid fees when banking, your best financial move is probably to join a credit union! Compared to banks, Credit Unions are famous for lower fees. Banks charge mortgage-related fees for processing/underwriting, credit reports, and closing fees. On the deposit side, there are often fees for statements (if not e-statements), monthly maintenance...Read More

The Difference Between Credit Unions and Banks MMCCU is proud to be a credit union because it means we are not responsible to shareholders, like a bank would be. Instead, our sole purpose is to serve our members. Credit Unions return earnings to members rather than investors. Credit unions are cooperatively owned and democratically controlled...Read More