A credit union is a member-owned, not-for-profit organization that usually offers more favorable rates toward their members. Banks, on the other hand, are for-profit organizations which usually offer higher rates and penalty fees. While most banks couldn’t afford the gamble of giving out loans during the recession, credit unions saw a 13.1 percent growth. In all, it seems credit unions are the better choice if you had to choose between the two, but I’ll let you be the judge of that. Check out the rest of today’s infographic to see if a credit union is right for you!
Is a Credit Union Right for Me?
Infgoraphic source: communityfirstfl.org/a>
Stone House Capital Partners returned 4.1% for September, bringing its year-to-date return to 72% net. The S&P 500 is up 14.3% for the first nine months of the year. Q3 2021 hedge fund letters, conferences and more Stone House follows a value-based, long-long term and concentrated investment approach focusing on companies rather than the market Read More