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Best Credit Union Services and Banks Near You

If you’re looking for convenient, affordable financial services in the US, you’ll be happy to know that credit unions offer a wealth of services. In this blog post, we’ve compiled a collection of the best credit union services available in the US, from banking and savings products to insurance and investing opportunities.

Whether you’re a student, business owner, or simply want to enjoy incentives and benefits that only credit unions can offer, read on to learn more.

NOTE: All fees and charges mentioned throughout this article are to be used as a guide only. They are written as accurately as possible at the time of writing (June 2022) but may be subject to change at any time and depend on variables like your credit rating. Always check the websites of the credit unions you are considering working with for the most up-to-date rates and fees.

Best Credit Union Services and Banks Near You

1. Suncoast Credit Union

If you’re looking for a credit union that offers excellent customer service, Suncoast Credit Union should definitely be at the top of your list. They’re always available to help you with any questions or problems you might have, and their banking options are plentiful. Not to mention, their rates are some of the best in the industry.

Founded in 1934 and based in Tampa, Florida, Suncoast Credit Union is unique in that it allows its members to borrow money at low-interest rates and use it to finance various purchases. Members can also use credit union services to manage their finances better as they have access to a wide range of financial products and services at low costs.

Fees

Suncoast Credit Union approaches fees in a really customer-centric way. There are no monthly service fees, no activation fees when you open your account, and no fees when you use an ATM that they’re registered with, such as Suncoast, Publix Presto, or CO-OP.

There are, of course, fees on their credit packages.

Credit Cards9.9% – 17.7% APR
New/Used Vehicles Loans2.5% APR
Boat/Motor/Trailer Loans4.75% APR
Signature Personal Loans10% APR
Technology Personal Loan8.7% APR
Personal Credit Line9.5% APR

Advantages

If you’re looking for a great place to bank, Suncoast Credit Union is definitely a great credit union to think about. Its wide variety of products and services offers competitive rates on loans, mortgages, and deposits. In addition to this, Suncoast Credit Union has a solid reputation for being an ethical bank that focuses on the community it serves. 

There are many ways to get involved with Suncoast Credit Union – through membership, volunteering, or financial education programs. So whether your banking needs are simple or complex, Suncoast Credit Union has what you need!

Disadvantages

However, while there are plenty of advantages, there are some disadvantages to consider, which means Suncoast Credit Union may not be the best option for you. Although the credit union is affordable, its fees can be high. Additionally, it can be difficult to get member referrals as not all members are happy with its services. Furthermore, Suncoast Credit Union’s customer service may take longer than usual to respond to your queries. 

Reviews

With over $5 billion in assets, they can offer you financing for just about anything. Not only that, but their member ratings online reflect the fact that they are a reliable financial institution with excellent customer service. 

If you ever have a question or complaint, Suncoast Credit Union will respond quickly and help you out in any way possible. Make sure to sign up today – your financial future depends on it!

Ratings

With over 25 years of experience in the banking industry, Suncoast Credit Union has developed a wide range of products and services that are sure to meet your banking needs. From checking accounts to credit cards and mortgages, they have everything you need to get the most out of your banking experience. Plus, their safety and security features make it one of the best credit unions around!

2. America First Credit Union

America First Credit Union is an excellent option if you’re looking for a bank that caters to a variety of personal and small business needs. They offer a wide range of products and services, all of which are perfect for your unique needs. 

America First Credit Union is one of the largest credit unions in North America, with over 4 million members. It operates in 19 states and does $27 billion in business annually. The credit union is federally insured and was founded in 1939. It specializes in providing banking, insurance, and investment products to its members in the United States.

Fees

American First Credit Union is a little different from the big banks in that it does not charge any fees for membership or transactions. Additionally, you can access your loans and accounts online or via the mobile app, making banking easier and more convenient for you. 

There are many loans and credit services offered by AFCU, but here’s an idea of what you can be getting!

Home Purchase Loan4.25% APR
Personal Loan8.49% APR
Mortgage 30-Year Fixed4.875% APR
Mortgage 10-Year Fixed4% APR
ATV/Watercraft/Snowmobile Loans4.5% APR

Advantages

America First Credit Union is a federally chartered credit union that was founded in 1939 and provides its members with a wide range of products and services, including loans, mortgages, insurance, and investment products. Membership is open to everyone – regardless of income or social status – and there are no fees or charges for joining or using the services offered by America First Credit Union. 

What’s more, AFCU has a long history of giving back to the community through donations, volunteerism, and other partnerships. If you’re looking for a credit union that’s committed to serving its members well, America First Credit Union is definitely worth checking out!

Disadvantages

You’ll want to make sure you’re aware of several factors before starting your business with America First Credit Union. For example, you can only access this credit union if you’re living in the eligible US states where America First Credit Union operates. Otherwise, you can’t use the services. There’s also a $25 overdraft fee if you go into minus figures in your checking account, and you can’t share branches with other credit unions.

Reviews

There are plenty of customer reviews out there that this is a credit union designed with the American people in mind. Not only do they offer great rates, but their staff are always willing to help. Furthermore, this credit union is definitely patriotic – they proudly display American flags all over their branches. If banking is something that you are interested in, America First Credit Union should definitely be at the top of your list!

Ratings

If you’re looking for a safe and sound investment, then America First Credit Union is well worth considering. They have high ratings from the Better Business Bureau and are considered a trusted financial institution. Plus, their online services make it easy for you to manage your finances, make payments, and more.

3.Golden 1 Credit Union

With low-interest rates, no fees for membership in any military or veteran organizations, and access to loans and CDs (Credit Default Swaps) from various financial institutions, this credit union is perfect for you. 

This credit union was founded in 1933 and is currently the second-largest credit union in the United States, with over a million members and growing, as well as assets totalling over $18 billion. It offers a wide range of banking products and services, including mortgages, auto loans, checking and savings accounts, etcetera. In addition to banking products and services, Golden 1 Credit Union provides its members with valuable financial education and resources through its online portal in addition to banking products and services. 

So, if you’re looking for a credit union that will offer you great banking services at competitive rates, Golden 1 Credit Union could be everything you’re looking for.

Fees

Golden 1 Credit Union is one of the leading credit unions in North America, and for a good reason – their fees are some of the lowest in the industry. You can waive fees on loans, deposits, and more through their membership options. 

Membership is free for those who have a checking account with them, so it’s worth looking into their offers. They offer a wide range of products and services to fit your needs, from mortgage financing to credit card services. Here are some examples.

Out of Network ATM$2 per transaction
Wire TransfersFree
Cashier’s Checks$6 per check
Overdraft Protection$2
All Checking AccountsFree
30-Year Home Loan4.625% APR
Platinum Credit Card8.54% APR
Auto Loans (New Car)2.74% APR

Advantages

Golden 1 Credit Union is known for its low rates (especially compared with other credit unions), which is undoubtedly its greatest advantage. But it’s not all they offer. 

Golden 1 focus on community involvement makes it a great option for people who care about giving back to their local community. In addition to loans and mortgages, Golden 1 Credit Union offers a wide variety of insurance products that will suit your family’s needs. So if you’re looking for a credit union that offers great rates, extensive financial products, and community involvement, then you should check out Golden 1 Credit Union!

Plus, as a Golden 1 Credit Union member, you’ll enjoy other great benefits, like easy access to loans and CDs, special rates on products and services, and more.

Disadvantages

While Golden 1 certainly offers great services at reasonable rates, you should be prepared to pay fees that can add up if you use the credit union’s services frequently. Furthermore, credit unions often have high-interest rates and restrictive overdraft policies, which might not be suitable for everyone.

There’s also very little interest on the basic accounts, and overdraft transfers cost $5. What’s more, the overdraft fees can be charged up to six times a day, so this is something you’ll need to be aware of.

Reviews

Golden 1 is highly rated by both customers and experts, who cite its great customer service as one of its biggest strengths. It also offers a wide range of financial products and services, making it an ideal choice for those who are looking for something different. 

Furthermore, being one of the oldest credit unions in America, Golden 1 Credit Union has built up a reputation for being reliable and trustworthy.

Ratings

If you’re looking for a great place to bank, look no further than Golden 1 Credit Union. This credit union offers a wide range of products and services, including checking accounts, loans, insurance, and more. Plus, they received 4 out of 5 stars on the influential Consumer Reports website.

4. Connexus Credit Union

Banking can be a hassle, but Connexus Credit Union is here to make it easy and fun. They offer great rates and benefits, as well as plenty of opportunities for earning rewards. You can bank with them online, on your mobile devices, or in person at one of their branches. The staff is friendly and knowledgeable, so they can help you get the most out of your banking experience.

Connexus Credit Union was founded as recently as 1976 but was operating under the name Sherwood Credit Union, but has rapidly grown to become one of the largest credit unions in the United States. With more than 421,000 members nationwide, it offers a wide variety of financial services, including credit and loans. Whether you’re looking for a reliable banking institution or need quick access to funds when needed, Connexus Credit Union is worth considering.

Fees

There are many great credit unions in all 50 states, but few compare to Connexus Credit Union. There are no fees for transactions or withdrawals – both online and in-branch. Furthermore, Connexus Credit Union offers competitive rates on loans and other products it offers. 

On top of this, you also get discounts on loans and other products when you become a credit union member. Nevertheless, if you’re thinking of taking out credit with Connexus, here are some fees to give you a rough idea of what you can expect;

Auto Loan (2020 or newer)1.74% APR
Mortgage (30-Year) Fixed4.875%
Student LoansAvailable by request (third-party provider)
Personal Loans6.49% APR
Home Equity Loan3.49% APR

Advantages

With membership open to everyone, Connexus Credit Union is an ideal option for those who want convenience and value when banking. In addition, Connexus Credit Union has a long history of being successful and continues to grow today. Whether you’re looking for personal or business banking products and services, Connexus Credit Union has them all. Plus, its rates are some of the best in the industry, and there are over 54,000 ATMs across the country you can use at no charge!

Disadvantages

No credit union comes without drawbacks. For Connexus Credit Union, the savings and checking accounts are fairly basic with no real incentives to use them, plus there’s a $5 inactivity fee for accounts with less than $100 in them or no activity for a set period of time.

Moreover, the rates for loans and credit cards are quite high, and the minimum deposit requirement is also quite high at 10% of the purchase price of the item being purchased. Furthermore, it can take a long time to be approved for a loan or credit card at Connexus Credit Union, and there are certainly faster services out there.

Reviews

Customers are overall pretty happy with what Connexus Credit Union has to offer. It rates an average of 4 out of 5 stars across the board. However, customers claim that the service is easy to use, including the websites and mobile apps, although there are some hidden rules and guidelines on some accounts that you’ll want to watch out for, especially with the CDs, if you don’t want to get stung unexpectedly.

Ratings

If you are looking for a great place to bank, Connexus Credit Union should definitely be one of your top considerations. With an A+ rating from the Better Business Bureau (BBB), you can be assured of high-quality customer service and sound banking practices. You can also find out more about their ratings, services, and other information on their website.

5. First Tech Credit Union

If you’re looking for a more modern approach when it comes to credit union banking, First Tech Credit Union could be exactly what you’re looking for. Their mobile app is user-friendly and easy to use, making it perfect for on-the-go banking. Plus, they offer a free $50 initial deposit when you open an account.

As you would expect, First Tech Credit Union offers all kinds of consumer loans and credit products, such as auto loans, personal loans, home equity loans, and credit cards. Additionally, it offers banking services such as checking accounts, savings accounts, and certificates of deposit. If you’re looking for a financial institution that caters to the needs of creditworthy consumers, then First Tech Credit Union may be ideal.

Fees

First Tech Credit Union is a great place to start your banking journey if you’re looking for a credit union that offers high-quality services at a fair price. In addition to providing you with the usual banking services, credit unions are regulated by the government to be sure of high standards of service and security. 

One of the credit unions’ many features is its ability to borrow against your savings account – this can be of great help if you need money quickly. You can also take advantage of credit unions’ fee-free services, including loans and savings accounts. 

To give you an idea of what some of the fees and rates are like;

Checking AccountFree
Platinum Mastercard7.24% APR
Personal LoanStarting at 6.7% APR
New Auto LoanStarting at 3% APR
30-Year Home Loan5.125% APR
10-Year Jumbo Loan4% APR
Savings Secured Loan3% APR

Advantages

First Tech Credit Union certainly has its advantages. This union is highly rated by customers and offers a wide range of products and services to choose from. 

First Tech Credit Union has something for everyone, from loans and deposits to online banking. Plus, its customer service is 24/7, so you can always contact them if you have any questions or concerns. Plus, rates on loans and deposits are highly competitive, making First Tech Credit Union the perfect place to bank.

Disadvantages                           

Before signing up for an account, be aware that you must be a member in good standing, and you may have to pay some hefty application fees. Loans can also be difficult to get approved for – there’s no guarantee of earning interest on your savings.

Reviews

If you’re looking for an alternative to the big banks, then you should definitely check out First Tech Credit Union. There are plenty of customer reports stating that this credit union is known for its great online banking platform that is very user-friendly and easy to use. Plus, their excellent customer service will always be there to help you out. They offer a variety of banking products and accounts that are tailored to your specific needs.

Ratings

With a score of 9 out of 10 on the BauerFinancials rating scale, they are an excellent option for anyone looking for the best in banking and investing services. It’s clear they offer a range of products and services that cater to the needs of their members, from banking to insurance. In addition to this, they are federally insured, so you can rest assured knowing that your money is safe with them.

6. SchoolsFirst Credit Union

If you work or attend school in the US, SchoolsFirst Credit Union is the credit union for you! Not only do they offer dependable financial products and services, but their team is dedicated to providing personal service and support 24/7, 365 days a year. Plus, their online banking and mobile app make it easy to manage your accounts and transactions.

Established in 1934 by 125 school employers, this credit union now serves students, individuals, educators, and families across the US. Today, this institution has over $26.9 billion in assets and serves more than 1,200,000 members statewide. With its easy online banking system and robust online catalog, it is easy to access the credit union’s wide range of financial products and services.

Fees

When it comes to using SchoolsFirst, you have many options to think about. When it comes to basic banking, like checking accounts, there are no monthly fees, and the accounts are free, although there are some charges for accounts like the Primary Regular Share, of just a minimum deposit of $5.

When it comes to financial products, there are a lot of choices to explore, but here’s a little lowdown so you can see what’s on offer;

School Employee Mastercard7.25%-17.90% APR
Higher Education Loan6% APR
Computer Loan2.75% APR
School Employee Auto Loan (48-Months)2.5%-18% APR
Classroom Supply Loan0% APR

Advantages

SchoolsFirst Credit union is a great resource for educators and school employees, and if you fall into the category, then you’re really going to benefit the most. Hence why the name of this credit union is what it is. It allows members to open multiple accounts, which can be helpful if you have more than one child in school. In addition, SchoolsFirst credit union provides financial assistance to students and educators with low incomes in the form of loan-rate loans for computers, uniforms, and even classroom supplies. There’s a lot going for this provider with low or no monthly fees, free overdraft transfers, and access to over 30,000 ATMs and 300 SchoolsFirst ATMs.

Disadvantages

When it comes to credit unions, SchoolsFirst Credit Union may be a good option for you, but there are some disadvantages to think about. For example, you may not be able to fully sign up since membership requirements are a little stricter than other credit unions. What’s more, the interest rates on the savings and investment accounts are relatively low and probably not worth it. There’s no shared branching, so while you can handle queries online, there are few opportunities to handle problems in person.

Reviews

SchoolsFirst Credit Union is a nicely rated credit union, averaging four out of five stars across the board, especially if you’re an educator and in the schooling system and can get the maximum benefits from it. Of course, there are some drawbacks, such as low-interest rates on savings and sometimes poor customer service, but these are rarities, and overall, SchoolsFirst Credit Union really does excel.

Ratings

From the critics, SchoolsFirst Credit Union continues to do well. Its Glassdoor rating is fairly average in terms of how employees feel working there, but it’s good in terms of the customer experience. Every site and critic from BankRate and WalletHub, and Yelp average between those four or five stars out of five, making it an ideal credit union to do business with.

7. Boeing Employees Credit Union

Boeing Employees Credit Union is the ultimate credit union for Boeing employees. Credit union members can earn high yields on their savings by offering savings products and services that are specifically tailored to meet the needs of Boeing employees. Benefits include low-interest rates and access to 24/7 customer service. 

It offers high-interest rates and other financial services that are beneficial to its members. Furthermore, it has branches located in all states across the United States, making it easy for you to join and start banking with them.

Fees

As with any credit union, Boeing Employees Credit Union has its fees and rates you need to consider, so here’s a little deep dive to showcase what you can expect.

Home Loan Fixed 30-Year5.291% APR
Cashback Visa Credit Card11.24% APR
New Auto Loan (2020+)3.49% APR

Advantages

If you are an employee of Boeing and looking for a credit union that can offer you financial products that meet your individual needs, then you should definitely check out Boeing Employees Credit Union. This is where you’ll get access to member-employees and a wide variety of services and tools that help you achieve your personal goals — things like free checking accounts, great loan rates on credit cards, and a flexible savings program.

Other benefits include higher interest rates on checking and savings accounts if you have over $500 in them, and you get free access to all nationwide ATMs wherever you go. Even if you are charged, you’ll get the fee refunded by the bank.

Disadvantages

Boeing’s strength is also its weakness. You will only get the most benefits from using this credit union if you work for Boeing or one of their partners. Of course, that doesn’t mean you can’t sign up still, even if you don’t work for Boeing, but it’s certainly beneficial if you do.

What’s more, you need to consider the serious geographical exceptions. You can only really sign up if you live in the Washington DC area, and some exceptions include Oregon and Idaho. If your partner works for Boeing, you may also sign up, but you won’t be able to get an account if you’re outside these main criteria.

Reviews

If you’re looking for a credit union that offers great savings and rewards on events and activities, then the Boeing Employees Credit Union is the perfect place. For Boeing employees, you’ll also have access to exclusive discounts and benefits on groceries, clothing, and more.

And if you’re new to banking, opening an account at the credit union is free! In addition, members of the Boeing Employees Credit Union can also take advantage of special savings rates on home loan products and car loans.

Ratings

Critics rate the Boeing Employees Credit Union fairly highly. The credit union has a long history of providing excellent customer service, which makes it one of the most popular financial institutions in the Washington area, and with an average of 8/10 on both critic and customer ratings.

8. Alliant Credit Union

If you’re looking for a great place to bank, Alliant Credit Union is a great option. They offer affordable rates, helpful customer service, and a wide range of credit products and strong customer support. This credit union has a membership that is open to all, no matter your socioeconomic status. It provides products and services through its branches and online banking account, which makes it easy for members to access their funds whenever they need them. Besides providing financial services, Alliant Credit Union also offers a wide range of financial products and services, making it the perfect credit union for everyone.

Fees

Alliant Credit Union has a relatively simple fee structure that is regularly accessed and adapted to ensure they are fair, sustainable, and competitive. Here’s a lowdown as to what you can expect;

Inactivity Fee$10
ATM TransactionsFree
Incoming Wire TransfersFree
Foreign Outgoing Wire Transfer$50
Mortgage Pre-Approval FeeUp to $50

From this alone, you can see that some of the fees are pretty high in some cases but cheaper in others, so it’s well worth having a little search around to see what kind of financial implications you may come across and which concern you, therefore seeing how much you’ll end up paying.

Advantages

Alliant Credit Union’s mobile app makes it easy to manage your finances and transactions anywhere in the world. In addition to all of this, Alliant Credit Union has some of the lowest rates on its financial products and services in the industry, depending on what you’re looking for. Regardless, you will get some great benefits, like no monthly fees, ATM fee refunds, and even overdraft forgiveness several times per year.

Disadvantages

While the advantages are clear, so are the disadvantages. Most obviously, the customer service leaves a lot to be desired. There are endless reviews and reports from customers saying they’ve been left high and dry with problems, specifically when signing up, and offer slow transaction and transfer speeds, sometimes taking as long as ten days, which is relatively rare in this day and age.

Reviews

The reviews can be very hit and miss for Alliant Credit Union. Some customers express lots of frustration, saying how bad the service can be and how the customer service is the worst, whereas others are exclaiming just how good and how positive their experience was when it came to day-to-day banking or taking out credit.

It’s like this across the board, whichever website you go to, so it’s perhaps just best to say this service is inconsistent at best, and you might have the best experience, or you might not.

Ratings

There’s no doubt that Alliant Credit Union is one of the highest critic-rated credit unions around. So many critical websites all give incredibly positive ratings, averaging around the 4.5/5 stars mark. They state how this is one credit union that offers pretty much everything you’d expect a decent provider to have, all with very few drawbacks and downsides.

9. Consumers Credit Union

Consumers Credit Union is a financial institution that provides consumer banking and credit products. It was founded in 1951 and has more than $1.4 billion in assets. The credit union offers a variety of products, including checking accounts, savings accounts, loans, mortgages, and insurance.

It also offers a variety of loan products, including home equity loans and lines of credit. The company has 22 branches and is a relatively small-scale endeavor, headquartered in Kalamazoo, Michigan, and serving this main area.

Fees

Generally, the fees that Consumers Credit Union charges are pretty good. The interest rates on the savings accounts are as low as 0.1%, which is very low, and there are a few fees to consider;

Late fee on credit card$28
Stop payment online banking/voice$25 per item
Inactivity fee after six months$10 per month
Mortgage 30-year fixed5.375% APR
Auto loan2.49% APR
Credit cards9.95% APR

Advantages

There are many advantages and benefits to banking with Consumers Credit Union. With over 30,000 ATMs nationwide and over 5,000 shared branches, banking, managing, and accessing your money is very easy. What’s more, there are also unlimited refunds on these ATM fees. Of course, like any modern credit union, you’ll have access to online banking features and mobile banking apps, plus unlimited checks, no minimum balance, no monthly fees, and early direct deposit options, so you can get paid early.

There are also up to 80x the interest rates on the national average when you have a bank account value of up to $10,000, meaning you can make some serious money on your money while it just sits in your account.  With great customer service teams and award-winning service, it’s easy to see why they are successfully serving over 178,000 members.

Disadvantages

However, Consumers Credit Union is not without flaws. For example, the overdraft fee for entering this line of credit is $30, and you can be charged an unlimited amount of times, meaning you really don’t want to end up in your overdraft with this bank. There are also pretty low-interest rates on the savings account, which is a bit disappointing, but all in all, Consumers Credit Union is a credit union you’ll be happy to be a part of.

Reviews

Consumers Credit Union remains a reasonably good credit union from a consumer standpoint. Sure, there are plenty of negative reviews (consumers are much more likely to leave a review when they want to vent their frustrations), but there are also plenty of decent ones. The main concern seems to be with the loans aspect of the union, with many consumers complaining about bugged payments (making $750 in payments but only $280 coming off the loan), but the main banking aspect seems to be decent.

Ratings

Consumers Credit Union has been very successful over the past few years in terms of critic recognition. The credit union reviews are fantastic, coming in between the 4 and 5/5 stars mark, and many critics state how well-rounded and transparent the credit union is.

What’s more, Consumers Credit Union has won numerous awards for its services over the years, including the National Association for Business Resources in 2007-2020 and 2013-2017 (both different award providers), the MiBiz for being the top credit union in Michigan, and the 2020 Credit Union Journal award for being the best credit union to work for.

10. State Employees Credit Union

State Employees Credit Union (SECU) has provided financial solutions to state employees and their families for over 80 years. With over $50 billion in assets, SECU has the resources you need to finance your goals and solve your financial challenges. 

If you’re a state employee and looking for a credit union that is regulated by the NCUA, you should definitely check out State Employees Credit Union! Apart from being a great place to save your money, SECU offers its members a wide range of products and services. Of course, you can join if you’re not a state employee, but being one will undoubtedly grant you access to the best benefits.

You can avail of loans, savings products, and other banking services. In addition to this, SECU also offers education savings accounts that can help children cover their tuition fees.

Fees

State Employees Credit Union is a great option for individuals who work for state government agencies. It offers excellent rates on credit cards, checking accounts, and savings accounts, and its fees are very reasonable. In addition, it offers valuable member benefits like credit monitoring and identity theft protection. 

In terms of actual fees and rates, make sure you check out their website for the most up-to-date and extensive list of figures, but to provide you with a guide, here are some examples of what they offer.

Checking Account Fee$1 per statement period
Check Items$0 for first 50, then $0.20 per item
Stop Payment$8 per payment
ATMsFree at CashPoints, $0.75 at PLUS
Lost Card Replacement$8
Mortgage 30-Year Fixed5.5% APR
Credit Card8.75% APR
New Vehicle Loan (36 Months)3.50% APR
Personal Share Secured Loan5% APR

As you can see, there are account fees you need to pay, which can make this a little bit more expensive than other credit unions, especially if your account is sitting around the overdraft mark. However, many of the other fees are fairly low and inexpensive, making it a great choice if you’re looking to take out credit or make the most out of available financial services.

Advantages

If you’re looking for a credit union with great savings rates and a wide range of services, then you should definitely check out State Employees Credit Union. Not only does this bank offer great rates on loans and mortgages, but it also offers excellent credit score improvement services. You can also use their services to get a car loan or business loan without any hidden fees. In addition, they offer online banking, which is very convenient for busy people. 

Furthermore, you can earn dividends on your basic checking account, the fees on the account are fairly low, and minimal savings account fees. There’s also 24/7 phone support from the company if you ever need assistance with everything, which many customers claim is pretty good. You can also access your money at any time by phone or online banking. Overall, State Employees Credit Union is a great choice for individuals who work for state government agencies, but it can surely benefit anyone if used in the right way.

Disadvantages

When using State Employees Credit Union, there are some limitations you’ll need to be aware of. First, and most importantly, there are very limited sign-up and membership options if you live outside of North Carolina. There’s also a very distinct lack of shared branching outside the state, so if you’re in another state and you need in-branch assistance, this is just not really possible.

As with most credit unions, there are also low savings interest rates, so you can’t expect to make much money, and the $1 monthly fee cannot be waived.

Reviews

Customer reviews of State Employees Credit Union are fairly average when it comes to rating the service, averaging around three out of five stars. As you would expect, many positive reviews state that State Employees Credit Union have unbeatable rates, their online banking is user-friendly, and they offer a wide variety of products and services. Plus, their staff is always friendly and willing to help in any way possible. As a state employee, it’s crucial to have a credit union that you can trust, and State Employees Credit Union definitely fits that bill. However, on the other hand, there are reviews of slow customer issue resolution and the fact that you can feel very disconnected from the bank if you head out of state.

Ratings

In terms of critic reviews, State Employees Credit Union does fairly well. It averages between three and four stars out of five from the most notable online review websites. It’s also worth noting the SECU has won numerous awards over the years for social responsibility and Philosophy in Action, as well as several other statewide awards. However, it does seem that many of these rewards are for the work that the SECU do outside their banking center, not so much for their actual banking service.

Which credit union is best for young professionals?

The best credit union for young professionals is Alliant Credit Union (ACU). This is because it’s easy to join and get a membership, has a very strong mobile and online presence that allows you to manage your money and your financial endeavours from anywhere in the world with ease, and even provides a range of tools to help you manage your spending, such as budgeting tools and payment making capabilities.

The low fees are also very appealing. But, it’s important to be aware there are some geographical limitations to signing up with ACU, so it’s worth checking to see if this is acceptable for you and your individual circumstances.

When joining a credit union, it’s time to speak with a representative. They can help you understand the benefits of membership and help you find the right credit union that is best for you and your family. 

Some of the key benefits of being a member of a credit union may be things like lower rates on loans, easy online banking, and more. So, take the time to do your research and choose the right credit union for you and your family.

Which Credit Union is Best for Young Adults?

Golden 1 Credit Union. This is because Golden 1 offers free checking accounts that are easy to sign up to and become a member to, accounts that come with a fantastic range of account privileges that only students and young teens have access to. However, to sign up, you will need to link an adult to the account as a co-owner.

Is it better to belong to a credit union or a bank?

There’s a lot of debate over which is better- a credit union or a bank. The truth is, it depends on your needs and preferences. Credit unions offer better rates on loans and deposits than banks, which can be important if you’re looking for long-term savings options. 

Additionally, credit unions are a great option for people who want to be part of a community. If you don’t qualify for a credit union membership, bank accounts still offer benefits like high-interest rates and easy access to loans. Additionally, credit unions are known for their strong customer service. 

So, the final decision comes down to what you think is important to you. When it comes to credit unions vs banks, it all comes down to what you need and want!

Is joining a credit union worth it?

Yes, it is. Sure, there’s a lot of debate surrounding the pros and cons of credit union membership, so it’s important to do your research first. Nevertheless, if you’re using financial services in this world (which everybody does and will at some point), you may as well be using one that’s right for you. It’s just a case of actually finding the one that works in your favour.

Once you’ve determined that a credit union is right for you, it’s time to start saving. You can do this by checking out the different options and choosing the one that meets your needs. Some of the main benefits of credit union membership include lower interest rates, access to loans, and more.

Are Credit Union Deposits Safe?

Yes, credit union deposits are a great way to save money on your finances. However, before investing, be sure to do your research and ensure the credit union is safe. Not all credit unions offer the same interest rates on savings accounts, so it’s important to compare rates before deciding. Additionally, always contact your credit union if you have any questions or concerns about your account. By doing so, you can ensure that your identity and financial information are safe and secure. Last but not least, make sure your credit union account is set up correctly to get the most out of your savings.

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