Despite boasting over 100 million members in the U.S., credit unions are often neglected in today’s crowded financial services market. Many consumers don’t consider joining a credit union when it comes time to open a new checking account or apply for a loan. Others assume they don’t qualify for membership or are wary of a credit union’s perceived limitations.
It’s a good time to take another look at credit unions. They are evolving in many ways and may be a great fit for your financial needs.