I love my credit union. When I first started hearing commercials for "free checking" I was completely confused. I could not imagine anyone paying for checking. I was really surprised when I found out that banks don't give interest on checking accounts. Also, I was shocked when I heard that most banks minimum balance was several hundreds of dollars. My minimum balance is $5.00.
I temporarily had an account with the credit union at work. I learned not all credit unions were created equally. They debited my account for not having any transactions for three months!
|