Sunday, September 30, 2012

Credit Unions - Where You Are More Than A Number

If you are tired of dealing with big banks and all of their stringent criteria when it comes to managing your money, maybe it is time for you to look into what credit unions have to offer. Even though these institutions are much smaller than most banks, they offer you plenty of similar services along with some extras for their customers. Since their membership requirements are less stringent, it is possible for people who haven't had the best of luck with their financial history to get an opportunity to utilize some of their services as well.

Credit unions offer their customers a more personal experience. Instead of you being bombarded by solicitations for services you don't need, you get to learn more about products that are more geared towards your personal needs. It is much easier for you to qualify for loans and other services, since most credit unions don't just look at your personal credit history; they also take into consideration your relationship and history with the institution. If you have had trouble separating yourself from the crowd when you have done business with traditional banks, you won't have much trouble at the smaller financial institutions.

Since many credit unions often have some sort of affiliations with local business, cities and other organizations, there are often additional perks available to customers who have some sort of ties to those organizations. Special programs, easier qualifying criteria and even a reduction or elimination of fees are some of the perks you get to enjoy as a member. Some facilities even have special events where they offer special pricing for cars and houses for those who are interested. Keep in mind that may of the programs and incentives they offer are much cheaper and more appealing than what you would receive if you were to do business with a traditional large bank.

Credit unions are more appealing to those who want to have more control over their money without all of the additional fees and rules. Instead of having to deal with all of the constant rules and regulations that make it hard for you to keep track of what is going on and where your money is going, you can have more freedom at a smaller and more local institution. Since it is your money and patronage that keeps these places going, they are more willing to listen to their customers. The more you do business with them, the more familiar they become. Instead of just being some random account to the tellers and financial officers, you are an actual person. If you need assistance or have some sort of special circumstances that creates a problem with one of your accounts, management is more lenient and more able to provide you with some additional assistance if it is possible. Improve your financial situation by taking advantage of the resources and products that are available at your financial institutio

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