Are you're frustrated with your bank? You might be tired of paying unlimited fees, higher rates of interest, and getting poor customer services.

Credit unions provide are a new alternative to corporate banks while still providing the very same sorts of services. You can also get a personal loan by credit union.

Some credit unions may also help purchase your own retirement or take financial preparation courses before you purchase your first home.

Credit unions are co-operative businesses, owned by members (depositors) who share something in common, such as where they work, life, or go to church.

Because credit unions tend to be smaller and cater to a select group of people, you can expect a more personal relationship between the staff and the members.

Unlike commercial banks that generate profits for owners and outside shareholders, credit unions channel profits back to members in the form of lower fees, better interest rates, and higher dividends.

Keep Your Money Safe

Credit unions have emerged as a safe haven for consumers. Because credit unions avoided the risky loans and exotic investments that brought down so many banks.

They remain relatively untouched by the recent financial crisis, credit union members have peace of mind knowing their money is safe.

Credit unions are financially solid because they stick to conservative banking practices, such as requiring down payments and income verification on mortgage loans.