Financial Article and Resource List

by type: All Articles Resource

Selected category: Credit Unions

Motivated by higher fees and lower rates at bigger banks, consumers voted with their feet and embraced credit unions. Credit Unions added 1.3 million new customers in 2011, bringing total membership to 91.8 million. That's a record number of credit union members.
Posted on March 01, 2012 by
On the surface, banks and credit unions look very similar. They both take customer deposits in the form of savings accounts, certificates of deposit, and checking accounts. They both also lend money in the form of mortgages, home equity loans, auto loans, and credit cards. They both have branches, electronic banking, and many of the services that facilitate the savings, transfer, and lending of money. But a deeper examination reveals profound differences that impact the rates that you receive as well as the customer service provided to you.
Posted by
If you're lucky enough to live in El Paso, then you can become a member of El Paso Area Teachers FCU and open their 3.44% APY 60-Month CD. That's the best 60-month CD in the United States according to the BestCashCow database.
Posted on May 25, 2011 by
Now residents of Massachusetts and New Hampshire can be part of a credit union merely by living in that state, or by working for a company that is based in Massachusetts. Best of all, this particular credit union offers a checking account that allows you to earn up to 2.75% APY on your deposit.
Posted on May 22, 2011 by
Bayer Heritage Federal Credit Union in Western Virginia is offering a 3.56% APY 60-month CD.
Posted on April 19, 2011 by
Navy Federal Credit Union is offering a 1 year CD with a rate of 3% APY. The catch? Read on.
Posted on April 12, 2011 by
Navy Federal Credit Union has announced that it will honor scheduled April 15 direct deposit pay for active duty members in the case of a government shutdown.
Posted on April 08, 2011 by
The traditional credit union is actively pursuing members with high rates. Some may be teasers, but offer a high yield nonetheless. While consumers and investors are often lured by the ease of the internet, local institutions have begun to offer competitive rates to compete.
Posted on March 30, 2011 by
Regulators just announced a revamping of the nation’s wholesale credit union system. Although customers won’t see an immediate change at their local credit union, some analysts speculate the change could spur higher interest rates on loans and lower interest rates on deposits in the future.
Posted on September 26, 2010 by
Fort Knox Credit Union has some of the best CD rates available in the nation, and membership is extremely easy, fast, and free.
Posted on September 05, 2010 by
Alliant Credit Union's new rates are out, and they're still terrific!
Posted on June 14, 2010 by
Geddes Federal Savings Credit Union is offering great rates on traditional CDs and IRA CDs.
Posted on March 30, 2010 by
The Pentagon Federal Credit Union is offering money market certificates with great rates. Check them out!
Posted on March 29, 2010 by
Nevada Federal Credit Union is taking a different approach, paying its members to withdraw funds from their savings accounts. Why? The bank has too much cash sitting on its balance sheet and is losing money on it.
Posted on March 07, 2010 by
With the number of banks and credit unions around, you have many options available to you for credit cards. But which ones are better: credit union credit cards or bank credit cards?
Posted on February 12, 2010 by

Financial products of all nature bear inherent risks and this website is not a financial advisory service. BestCashCow.com provides information related to rates on US-based savings accounts, CD (certificates of deposit) rates, money market accounts, money market funds, government bonds, other bonds and income producing securities, commodities, equity securities, mortgage rates, home equity rates and auto loans rates, free of charge to internet users for their independent use. The accuracy of information on the website is not guaranteed, and no financial product of any sort is endorsed. On certain web pages, BestCashCow.com may contain discussion and analysis of the risks and rewards associated with certain financial instruments, including equity instruments, or may link to other pages with such discussions. The information should not be construed to provide investment advice. In fact, users are specifically warned against following any advice related to specific instruments, including advice that may be on other web pages linked from BestCashCow.com. Please seek personalized advice on the risks and applicability to your own circumstances of any financial product from a qualified professional. © BestCashCow.com, LLC, 2012.

This page was created in 0.1969 seconds.