are different banks just a name change,and locations ,or all the"banks"just about the same,I want to deposit a check from an other state?
- DON WLv 74 years agoFavorite Answer
Credit unions are different than banks. Credit unions offer about the same services as banks (such as savings accounts, CDs, mortgages, and auto loans) but operate as not-for-profit organizations owned by their members. In the case of banks, they are established to make money for the people who own stock in the company.
- 4 years ago
bank verses a credit union .is there a comparison (rules,regulation,etc) or is a credit union unique?
- MadManLv 74 years ago
Well, you can deposit a check to you account at any branch of the same bank. But you cannot deposit it at a branch of a different bank. It does not matter what bank the check is drawn on.