Comments about ‘Credit unions much more likely to offer free checking accounts than banks’

Return to article »

Published: Tuesday, March 19 2013 10:16 a.m. MDT

Comments
  • Oldest first
  • Newest first
  • Most recommended
Shawnm750
West Jordan, UT

Credit unions operate under a different business model than banks. At a credit union you are a member while at a bank you are a customer. I worked for a check printing company and the amount of money that banks charge to their customers for checks and other services was always higher than credit unions. The bigger the bank, the more you pay. That's why I'll only ever do my banking through a credit union.

AveragePerson
WEST JORDAN, UT

Banks pay dividends to their board of directors. They also pay higher salaries to management.

Credit Unions pay dividends to their members -- regular folk, so to speak -- and their board of directors are all volunteers. The work to keep overhead costs low and pass the savings on to their members. Customer service is, in my experience, always great.

Been a fan of credit unions for over 30 years -- checking, savings, CDs, car loans, house loans -- I'll never go back to a bank.

andyjaggy
American Fork, UT

I will never bank with a bank, credit unions all the way.

SoUtBoy25
Cedar City, UT

Problem is there are so few true CU's anymore. More and more now it's just a few mega-bank CU's hiding behind their tax exempt status paying large executive salaries, taking "business" retreats to Europe, and basically just loaning to the rich and businesses...pathetic.

Brave Sir Robin
San Diego, CA

Why do people still use banks instead of CU's? How are banks still in business? Somebody give me one reason why a bank is better than a CU.

to comment

DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
About comments