Do credit unions offer online banking services? Absolutely! Local credit unions have had digital banking tools and apps similar to financial players like the big banks for years, but it’s still often a concern for new and potential customers.
"Do I need to be part of the military to join a credit union?" This is a common question from prospective new customers, mostly because people have seen all the advertising about military credit unions (think Navy Federal Credit Union). The perks include low loan rates, higher interest in savings, and exclusive discounts. They're discouraged and think it's impossible to get access to these great money-saving perks. But there's good news - Other credit unions offer the same, similar, or better perks, all without needing ties to the military to join!
When finding a financial institution, you want to make sure it’s a place you trust, fits your needs, and serves your core values. While some choose to store money in a jar or coffee cup at home, most look to credit unions and banks. This is because there’s an opportunity for financial growth, financial literacy, and lending solutions.