Credit union benefits

[Joshua Chen]

Does anyone here use a credit union instead of a bank? I've been liking the advantages credit unions offer, but I want to know what everyone else thinks.

[NA Jones]

I love banking with our credit union for alot of reasons. Here are just a few:

- We've got more interest from our savings account (from "dividends") in one month than we did in 10 years combined at the big bank.  

- Our credit union visa: 10k starting limit, 9.49% APR, no cash advance or balance transfer fee. Our big bank visa: significantly lower starting limit, 19.99% APR, with hefty cash advance fees and 24.99% apr on cash advance.

- Our auto-refinance:  denied by the big bank.  Refinanced through credit union at .99% - that's right, less than 1%!

The big banks online banking system was much better...  but a small price to pay.