Pressroom

• Forrester Executive Survey - Forrester asked consumers to rate their primary bank, investment firm, and insurer on two categories of criteria: value delivered and service provided. When we analyzed the ratings for 30 different financial institutions, we found...
• MSN - CUs over Banks for fees - Everybody knows that banks have jacked up fees on those who mismanage their checking accounts and credit cards. Charges for late payments and exceeding your credit limit have almost tripled in the past decade. Bounced-check fees now average close to $30...
• CUs score twice as high as banks in consumer advocacy - CAMBRIDGE, Mass. (5/23/06)--For the third consecutive year, credit unions have beat out banks by a wide margin on customer advocacy and loyalty rankings, according to Forrester Research Inc...
• CUs get good press in Consumer Reports - NEW YORK (2/1/07)--Get ready for more inquiries about joining your credit union. None other than Consumer Reports is advising its nationwide readership on how to join a credit union...
• CUs outpace banks in survey - NEW YORK (11/17/06)--Credit unions continue to rate higher in customer satisfaction over the 20 largest banks in the U.S., according to a recent survey...
• MSN recommend CUs over banks for fees - NEW YORK (9/22/05)--"MoneyCentral" at MSN.com, in an article entitled "Bank fees are more outrageous than ever," has good things to say about credit unions. "Banks have found even trickier ways of raiding your wallet, and they're even targeting good customers who never bounce...
• Readers Digest yes to join a CU - CHAPPAQUA, N.Y. (8/21/06)--When Reader's Digest asks if you should join a credit union, it says your reply should be "yes." If eligible, consumers should join a credit union so they can "cash in on higher interest rates for deposit accounts and lower rates on loans," according to the September issue...
• Should You Join a Credit Union - If you're eligible, yes. And you probably are. It used to be that you needed a certain employer to join. Now, just living in a specific area might be all you need to cash in on higher interest rates for deposit accounts and lower rates on loans. Recently, the average interest rate on a credit union (CU) money market account was 0.75 of a point higher than the bank average; the typical...

 

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