Whats better for consumers, Banks or Credit Unions?

4 Answers

  • Anonymous
    1 decade ago
    Favorite Answer

    Credit unions, banks have too many fees. However Banks are more profitable than Credit Unions.

  • 1 decade ago

    If you can find a credit union that offers business accounts consider it. I have YET to find a credit union that does.

    In any case shop. Do not go to the first bank or credit union you talk to. Let them know that you are bank shopping. Go to every bank that is conveinently located for you and compare what they offer. You will be very surprised at the differences.

  • 1 decade ago

    Credit unions.

  • jdkilp
    Lv 7
    1 decade ago

    Theoretically, credit unions. Because they are non-profits, their rates are usually better.

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