They may also pay higher yields. One potential drawback of joining a credit union is that you may not be eligible. Many credit unions have eligibility requirements based on things like employer ...

There are some very good reasons why more and more people are joining credit unions—reasons ... adheres to standards set by the National Credit Union Administration (NCUA), whether it’s ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. There are nearly 3,000 federal credit unions and over ...

If one of your goals for 2017 is to improve your financial situation, becoming a member of a credit union is a no-brainer! Here’s a breakdown of what they are and how they can help you keep your ...

Before joining a credit union, check if it’s NCUA-insured to ensure your money is protected. If you don’t qualify for a ...

However, it may be worth joining a credit union to access a loan with lower rates for your next vehicle. Since credit unions are member-driven and not-for-profit, members can often receive higher ...

Your Money Further is dedicated to empowering consumers to make financial decisions with confidence, and we’re here to help them learn more about the unique benefits of joining a credit union.

While you may be required to make a small donation, from a practical perspective, joining a credit union is often a similar process—and just as easy—as opening a regular bank account.