ST Alpha - "I'm not sure that's the point, where your money ends up. The point is that credit unions are non-profit, customer-owned, and charge fewer fees. -- nm" (Reading a Post)

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In response to "you know what happens when you take your money out of a bank and put it in a credit union? It goes into a bank" by zeitgeist

I'm not sure that's the point, where your money ends up. The point is that credit unions are non-profit, customer-owned, and charge fewer fees. -- nm

Posted by mara Oct 19 '11, 18:04

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Responses:

as I've shared here before, that last one isn't necessarily true. my c.u., for one, has become comparable to banks fee-wise, unfortunately. -- nm - b. Oct 19, 18:23 1
- I'd so move right on to the next one. -- nm - Qale Oct 19, 18:38
All of which are valid points. If you are switching to a credit union to "take a stand" against banks, his point is valid. - Fuzzy candy corn in the bottom of the bag Oct 19, 18:13 2
- But the stand I'm taking is that I don't want to pay fees to a greedy, for-profit corporation that overpays its executives. -- nm - mara Oct 19, 18:22 1
  - Which is absolutely valid. But don't kid yourself -- the major banks are still making money off of you in other ways behind the scenes. -- nm - Fuzzy candy corn in the bottom of the bag Oct 19, 18:24

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