I've never understood why people put up with the ridiculous fees banks are charging these days. My credit union charges me one $5 fee per year, and I have checking, savings, overdraft protection, an ATM Visa check-card, Visa credit card, a free bill-pay service, and a smartphone app that can do mobile check deposits. Plus, my mortgage rate is lower than any local bank offered.
All local credit unions share each other's fee-free ATMs, and I still have several nearby branches I can visit when I need a real person. In addition, they are rapidly growing not in spite of these consumer-friendly practices, but because of them.
Why would anyone choose a Wall Street bank other than for something gimmicky like a rewards credit card or non-traditional loan?
All local credit unions share each other's fee-free ATMs, and I still have several nearby branches I can visit when I need a real person. In addition, they are rapidly growing not in spite of these consumer-friendly practices, but because of them.
Why would anyone choose a Wall Street bank other than for something gimmicky like a rewards credit card or non-traditional loan?