[RKBA Democrat]

6. Not aware of any credit unions that took TARP money.

7. Tiny Tim Geithner didn't work for a credit union.

8. When Helicopter Ben retires, he won't be working for a credit union.

[HamiltonJay]

I am not against Credit Unions, but BEWARE they are regulated differently.

Years ago, when I called my Credit Union to let them know I had been laid off, and give them a heads up, they instantly LOCKED ALL MY ACCOUNTS.

Don’t go in blind.

[RKBA Democrat]

Surviving Socialism PinglistStories and tips with a financial emphasis to help conservatives prosper during difficult times.

I'm firing up the list again. To be added or taken off this list, please send a FR mail to RKBA Democrat

[Stevenc131]

There are bad credit unions. I called one that I was eligible to join many years ago, and they were .5% to 1% higher on auto loans than my regular bank, and they were pretty rude about answering questions as to why. I called back a few years later when buying my next car, same spread in interest rates and the same attitude. I never did join.

[discostu]

And then there’s the one reason to not switch:
convenience.

Yeah the CUs like to say they’re convenient. But my bank has a branch half a mile from where I’m sitting, another 1 mile from, and a branch in my favorite grocery store. I did a CU and a bank for a while for a car loan, but I never did anything with the CU, they just weren’t convenient.

[Responsibility2nd]

The only need to join a credit union is for the low interest auto loans.

Ooops. Scratch that. Since the dealers now undercut the credit unions with factory financing.... Why join a credit union?