Credit Unions Win Out vs. Banks
On November 19, 2011 The Seattle Times ran an article by Gregory Karp ( Chicago Tribune ) called "Money Tip: How consumers can find a banking champ." Click here to read the entire article. In the article Mr. Karp writes, "So, big or small? Who wins on the merits in a toe-to-toe fight between megabanks and smaller institutions? Is bigger better, or is this a Rocky Balboa story?" Here are the categories and his ratings and our thoughts... Round 1: Fees Winner: Smaller institutions. We agree. Our goal is the same as the banks: maximize shareholder value...the difference is that you're the shareholder at Eaton Family Credit Union, so that's why we strive for lower fees, higher interest earned and lower interest charged on loans. Round 2: ATM Access Winner: Big banks. We disagree. Eaton Family Credit Union owner/members have access to thousands of surcharge-free ATMs nationwide. In Ohio, Midwest and Western states through the