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Do credit unions offer all the services and types of accounts, which banks provide?

April 26, 2017accounts Banks credit Offer Services types unions

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Do credit unions offer all the services and types of accounts, which banks provide?

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Depending on the size of the credit union and the needs of its membership, a CDCU may offer a limited or full range of services. Some CDCUs offer IRAs, checking accounts (“share drafts”), certificates of deposit (“share certificates”), vacation club accounts, and other services. Other CDCUs may offer only regular share accounts (“passbook savings”).