What are the services that they provide from Local Credit Unions Big Banks?
In my opinion, local Credit Unions offer very similar services as traditional banks. The only difference is that they accept customers based on where they live, or if they’re public employees, or whether they’re members of a union. Credit Unions offer savings accounts, checking accounts, money market accounts, certificates of deposit, mortgages, personal loans, business loans, home equity lines of credit, just like regular banks. Credit unions are also FDIC insured for regular accounts as well as retirement (IRA) accounts. Sources: It is my opinion.
