3 ms·
Even a tiny local credit union is great if they're part of the co-op. The vast majority of credit unions in the U.S. are, and you can use any co-op branch or A
by smeej 4y ago
Even a tiny local credit union is great if they're part of the co-op.
The vast majority of credit unions in the U.S. are, and you can use any co-op branch or ATMs just like your home credit union's branches or ATMs.
It's brilliant, and in my experience, so much more accessible than the giant banks who are often regionally concentrated.
- _23sd 4y agoThere are limitations, it's not always just like your home credit union. One of the reasons one might go to a bank branch when we have ATMs and online banking is to get a cashier's check, which can't be done through co-op. My online credit union can FedEx them overnight so it's not too bad, but I switched away from a local credit union when I moved because they weren't able to do services like that except at a branch.
- smeej 4y agoMy mom got a cashier's check through the co-op in March to buy her house. She's in New Hampshire and her credit union is in Oklahoma. I don't know why it didn't work for you, but it was no trouble for her.