I can get 2-2.5% in the commercial market.

You are in the wrong Credit Union. 2.60 at least.

They’re the greatest. I’d never go back to a conventional bank.

My credit union will only communicate with its members via snail mail. No text or email.

I often spend several weeks away from home during the summer for research. This has caused very severe hardships for me three separate times - namely, the three times there was a security breach at the CU and everyone's debit card had to be replaced. Most members found out when they got their replacement card in the mail; I would learn this when I tried to use an ATM and found myself unable to access my funds. In one of these cases, they finally agreed to let me use my old card when I explained that I was traveling between locations in Kenya and could not guarantee being in any one place long enough to receive a FedEx package.

I've come close to switching to a regular bank several times because of this.

because the Credit Union

They are allowing their customers who are federal employees to keep paying bills and will cover expenses up to the amount of their regularly deposited paycheck! So strings.

I have had an account since the late 70's because my Dad was a Federal employee.

When I went away to college in 1984, I got a traditional bank account just so I could do business away from home. After a year of fees and frustration, I bagged the bank account and have never looked back. My CU has always taken good care of me for a fraction of the cost. Often even paying interest on accounts that I would have to pay for elsewhere.

To this day I sometimes get funny looks at how low my account number is since I have had it for 40 years.

Over the years they have significantly relaxed their membership requirements to allow a lot more groups to join. It was with particular irony that I noted that their membership eligibility extends as a perk for employees of a number of banks. What does that tell you?

They sent out an email, posted an announcement on FB and its on their main page.

THIS is why I haven't had an account at a traditional bank in around 30 years and, after seeing how fantastic they were when we got together, my husband closed all of his work related and personal accounts at those as soon as he retired due to a work related injury.

Thanks for the post to share it with others.

It's not "now own".

Yes!

and urge people to move their personal and business accounts to a local credit union, or a community bank. Anything labeled "too big to fail" is financially toxic and bad for the country and the world, too.

Got a notice that Chase is raising my rate from 11.9 to 16.99. Transferred my personal balance to my personal bank 0% for 18 months.

Moving my business debt to Credit Union at 8.99%.

Fuck you Jamie Dimon. 27.5 million a year is not good enough for you....

And, they consistently have had the highest rates on CD's.

Does anyone know?

We are in day ten of the new year, and unfortunately, it has been a rough start for some already. As you know, the House and Executive branches have not been able to reach a budget agreement to fund the government. The overall impact is there are furloughed government workers who must stay home and receive no paycheck and essential services, i.e., Federal Correction Officers, TSA, Customs and Border Patrol to name just a few departments which must report to work, but will receive no pay.

If any of our members are affected as a federal employee, we are open to assisting them with a number of options, including, but not limited to offering lines of credit, extensions or skip payments, bridge loans or even waiving a penalty for early withdrawal on a certificate of deposit.

We absolutely understand that one may have difficulty making an auto payment, credit card or mortgage payment, or just need some additional credit to get through until the US Government is fully back in service and paychecks resume.

Our priority at SeaComm is always to assist our members when they need us the most.

My Federal Credit Union hasn't posted anything to their site. Hopefully they will soon.

A fine example that I hope many follow.

Been a member since 1980, only have savings in a bank if I need to cash employer checks. Now that I'm retired, I only have the one CU acct. I'll never go back to a bank, I'll keep cash in my mattress first.

If you set up your direct deposit with them, they will automatically pull money from your savings if you have it or even cover small overages since they know they're getting a deposit on a regular basis instead of triggering an overdraft with a fee. None of the bullshit "Oh, your account at minus $3.16, so we're going to charge you $30 as a penalty and repeat it every time it happens..." The one time I did goof and get an overdraft fee due to someone cashing a two-month-old check I thought had already cleared, they only fined me once instead of for three separate transactions that put me in the red.

The Navy Federal Credit Union is making similar efforts. BZ

If you are affected by shut down and they will help. Not sure what that means but its there.

Its a credit union with branches in both conservative and liberal cities in a small area.

Mine is good too!

School's First Federal Credit Union does the same for us teachers.

Many years ago, when I was a grad student in my 20s, I couldn't make a car payment. I called Russ, my guy at the credit union and he said, hey no problem, pay us when you can.

I never forgot his kindness, so today, a few decades later, I still have a $100 deposit in my credit union account because I want to remain a member for the duration to show my appreciation.

by a country mile. I remember mine doing this too when CA state workers were furloughed by Gropenfuhrer.

And moved every financial aspect of my life to my company Credit Union.

Haven't looked back since.

The Republicans OWN this.

the credit union and put all our money there. Haven't had a problem since. Over 40 years now. The locals even accept our out of state checks from the credit union. Join a credit union, you won't be sorry.

Banks, been there done that and was not pleased.

Please, it matters.

There’s no reason not to be a member.

GET OUTTA THE BIG BANKS!!!!!!! STARVE THEM!!!!!!

They function on a scale that makes everything workable. Any odd trips to an actual bank will send you running gratefully back to your CU.