Welcome to SolidPlanning.com. Solid Planning is a site where our dreams, strategies, and hard work are combined to produce tangible results. On this site we will review books, tips, tricks, and strategies, looking for ways to build our plan to meet the 2009 goals posted in the far right column. As we make progress we'll bring you along with articles and stories on this site. We welcome your suggestions and feedback along our journey so please feel free to leave comments!

Jan 31, 2009

Fire Your Bank

Fed up with the banking system? Fire your bank and join a Credit Union! Most often you will find better deals on loans, checking accounts, savings accounts, and service.

How is this possible you ask? Credit unions are not-for-profit financial institutions. They are organizations which are owned and controlled by their members for their members.

Are they safe? Credit Unions are insured by the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF was established in 1970 to insure credit union member's deposits up to $100,000. This was the amount the FDIC had in place before some shady practices caused the financial crisis.

Credit unions have been rated number 1 in financial institution's customer satisfaction for 10 years according to the American Banker Newspaper's satisfaction survey. So next time you receive poor service from your bank remember that the primary mission of a credit union is to provide service to its members.

No comments:

Our Twitter Feed.....

    follow us on Twitter