Tuesday, 22 April 2008 07:50
Kate, thanks for your answer last week about the differences between credit unions and banks. That was very well informed! A few other differences include:
-you are a member
-insured by the NCUA
-return profits to members in the form of lower loan rates and higher savings rates
-you are a customer
-insured by the FDIC
-return profits to a small group of stockholders
So, have any of you gone to a FORUM branch this week for any of the activities? If you have, or if you do, let me know what you think!
Okay, for a question.... what is one piece of financial advice you have been given through the years that you think is important, and why?
*Remember to use your first name and login user id to receive 2 points.