Credit Unions Vs Commercial Bank

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Commercial banks and credit unions have been going toe-to-toe since we could remember but what gives credit unions the edge is they work for their customers and have better customer service. They can safely put customers money in a credit union or a commercial bank if they meet the insurance qualifications. Federal deposit insurance corporation (FDIC) is an insurance that protects up to $250,000 of their money at commercial banks. Do not worry because credit unions have an insurance protection policy that also protects up to

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