In modern time paying bills and making deposits can easily be done online, so it is absurd to think that some people don’t want to put their money in a bank. Their money would be right where they know it is, but there are a few downfalls to not being a member of a financial institution. Keeping that money just in a safe in your house will insure that you have the exact amount of money, but there is no interest rate. By putting your money into credit unions or other financial institutions you are able to make money in your savings account. When learning about the differences between credit unions and other financial institutions, it made me think, a lot. There are dramatic differences when looking at where my money should be invested, and what would work best. I know now after learning more about the different types of financial institutions that a credit union was the best choice for me. At Ascentra Credit Union you are more than a number, you are a
In modern time paying bills and making deposits can easily be done online, so it is absurd to think that some people don’t want to put their money in a bank. Their money would be right where they know it is, but there are a few downfalls to not being a member of a financial institution. Keeping that money just in a safe in your house will insure that you have the exact amount of money, but there is no interest rate. By putting your money into credit unions or other financial institutions you are able to make money in your savings account. When learning about the differences between credit unions and other financial institutions, it made me think, a lot. There are dramatic differences when looking at where my money should be invested, and what would work best. I know now after learning more about the different types of financial institutions that a credit union was the best choice for me. At Ascentra Credit Union you are more than a number, you are a