Thread: Credit Unions
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Old 10-08-2008, 01:33 PM   #1
SmootSmack
Uncle Phil
 
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Join Date: Feb 2004
Posts: 45,256
Credit Unions

What are the advantages/disadvantages during these trying times of moving your money from a national bank to a credit union? Right now I've got my spending money at one major bank and my savings and investments in an account (which I almost never touch) at another major bank (which is trying, ironically, to acquire the other banK).

Does it make sense to move some or all of this money to a credit union. Added note, I have no car loans. I bought my car and it's fully paid for. Also, my wife-to-be and I are looking to buy a place within the next two years.

Thanks
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