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Where do you keep your money

Forum Opinion Poll
Bank 17 51.52%
Credit Union 15 45.45%
Under my mattress 1 3.03%
In a piggy bank 0 0.00%
 

Bank or Credit Union

Posted By Message

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

Bank or Credit Union

DH and I are *finally* getting around to combining our accounts.

I use Bank of America and he has Teachers Federal Credit Union.

We are having trouble deciding where to pool our money.

Which do you use? A bank? A credit union?

What do you see as the positives and negatives of each?

Thanks!

Chat Icon

Posted 8/31/07 4:16 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Bank or Credit Union

we use a bank, but if you can use a CU, do it

Posted 8/31/07 4:17 PM
 

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

Re: Bank or Credit Union

Posted by SweetestOfPeas

we use a bank, but if you can use a CU, do it



What is the benefit of using a CU?

Posted 8/31/07 4:19 PM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: Bank or Credit Union

We use HSBC BANK!

Posted 8/31/07 4:20 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Bank or Credit Union

Posted by scarletbegonia

Posted by SweetestOfPeas

we use a bank, but if you can use a CU, do it



What is the benefit of using a CU?

anything that is not available to the general public is going to have some level of better service. whether it be better interest rates on savings, lower rates on loans, etc.

Posted 8/31/07 4:21 PM
 

MrsPowers
So blessed!

Member since 11/06

10348 total posts

Name:
Ivelysse

Re: Bank or Credit Union

We use Teachers FCU and love it!

Posted 8/31/07 6:26 PM
 

nyteacher13
Three Under Four!!! :-)

Member since 8/06

6405 total posts

Name:
~ THERESA ~

Re: Bank or Credit Union

we use both! WAMU and TFCU!

Posted 8/31/07 6:31 PM
 

Maathy317
Grammie's Little Man

Member since 2/06

3235 total posts

Name:
D

Re: Bank or Credit Union

We've used Nassau Educators Federal Credit Union for 30 years and, also, have an account and a loan with Navy Federal Credit Union. Would never use a bank.

Posted 8/31/07 6:39 PM
 

HoneyBadger
YourWorstNightmare.

Member since 10/06

15979 total posts

Name:
BahBahBlackJeep

Re: Bank or Credit Union

Definitely go with the credit union.

Posted 8/31/07 7:09 PM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: Bank or Credit Union

I have the CU and really like it.

Posted 8/31/07 7:15 PM
 

Bellaocchi
Hope Faith Love

Member since 2/07

5694 total posts

Name:

Re: Bank or Credit Union

I would say credit union but.. when DH and I went to them for a home loan their rate was higher than what we received at BOA Chat Icon

I did not get that...

Posted 8/31/07 7:28 PM
 

SUNSHINE
My LuLu <3<3

Member since 5/05

1372 total posts

Name:
T

Re: Bank or Credit Union

We use a CU, they have better services and less fees

Posted 8/31/07 8:40 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: Bank or Credit Union

I LOVE & miss my CU. I actually still keep money in it. It was an account made for me before I was even bornChat Icon. I hang onto it for several reasons - mostly deals, service, rates & memories.

Since I really can't easily access it DH & I put our $ together in a bank. It just works easier...but if the loc was close by for our CU - hands down - CU.

Message edited 8/31/2007 9:41:39 PM.

Posted 8/31/07 9:41 PM
 

BaroqueMama
Chase is one!

Member since 5/05

27530 total posts

Name:
me

Re: Bank or Credit Union

Posted by MrsPowers

We use Teachers FCU and love it!



Ditto, but a large lump of our savings is in an ING Direct account because it has a high interest rate.

Posted 8/31/07 9:43 PM
 

VickiC
Rocking the party

Member since 5/05

4937 total posts

Name:
Vicki

Re: Bank or Credit Union

Credit Union. By far, they have beat any bank we would have considered. Our credit union (Bethpage Federal) has consistantly lower rates than any bank.

Posted 8/31/07 11:46 PM
 

MissJones
I need a nap!

Member since 5/05

22136 total posts

Name:

Re: Bank or Credit Union

We have both. Our TFCU account helped us get a great rate on our car loan.

Posted 9/1/07 12:00 AM
 
 

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