Choosing A Federal Credit Union For Savings

A federal credit union is private, not for profit financial institution that cats and operates like a for profit bank; however, membership is limited to those that meet the guidelines for joining. A federal credit union is for federal and military workers and their families. The best thing about federal credit union services is that they are similar to a traditional bank, yet the fees and costs of banking are much lower. A good federal credit union runs a lean organization, and allows lower cost products to be had by members, and thus can save money for those who choose to bank at a federal credit union. More info: washington dc federal credit union

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