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Safe Saving with a Credit Union
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Top Ten Reasons to Choose a Credit Union Over a Bank
- Credit unions are not-for-profit co-operatives owned by members not stockholders.
- Credit unions are operated by the people in your community, serving the local community and involved in the local community.
- Credit union resources are returned to their members in the form of lower fees and improved services and products. Bank profits go into expensive advertising campaigns and Director wages.
- Credit unions are a more personalised way of handling personal finance.
- Credit unions provide what people want most in financial services which is why credit union membership is booming in the UK.
- Credit union interest rates are lower than most national banks.
- Credit unions will never endanger the nation’s finances.
- Credit unions never need to worry about Bank of England interest rates going up because ours are fixed.
- Levels of complaints about credit unions are dwarfed by the level of complaints about banks overcharging.
- Membership of credit unions is open to everyone who wants to join and save regularly.
