Give Your Wallet Some Love This Valentine’s Day
Fretting over the high price of roses and chocolates? Those treats might be more affordable if you avoid annoying bank fees and join a local credit union.
TIGARD, OR – How would you like to save over $120 a year in interest on your car loan? Want free checking? How about using an ATM when you travel and not paying a fee for it? Wouldn’t you love a credit card with lower interest—up to 6 percent lower? * Those are the benefits 2 million Oregonians are enjoying, because they are credit union members.
The key difference between credit unions and other financial institutions is that credit unions are not-for-profit cooperatives. If you’re a member, you’re an owner. Instead of paying Wall St. stockholders, credit unions return direct benefits to Main St. owners and that means you. Lower interest rates on loans and credit cards, networked, surcharge-free ATMs, usually free checking accounts, and higher interest on your savings are just some of the benefits of credit union membership.
Nearly all Oregon residents are eligible for credit union membership. Own your money. To find a credit union that’s convenient for you, please visit www.asmarterchoice.org.
*” Benefits of Membership,” Credit Union National Association report based on Informa Research, NCUA and CUNA comparison of bank and credit union rates, Sept, 2016.
The Northwest Credit Union Association is the not-for-profit trade association representing over 180 credit unions in Idaho, Oregon, and Washington, and their 6 million consumer members. Northwest Credit unions are not-for-profit cooperatives, owned by their members. Credit unions help members achieve their financial goals. All earnings in excess of operating expenses and required reserves are returned to members in the form of better loan rates, lower fees and higher interest paid on savings. For information on how to join a credit union, please visit http://www.asmarterchoice.org.