Posted on 19 October 2012. Tags: Finance & Work, credit union, guidelines, membership
By David A. L’Ecuyer In order to be eligible to join a credit union, the potential member must fit into the Field of Membership (FOM) and charter of the credit union. Historically, credit unions were made available for a particular employer (i.e. IBM, Digital, New England Telephone, Mass Electric, etc.). While many employers have changed […]
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Posted in Finance & Work, Your Money
Posted on 04 September 2012. Tags: credit union, services
By David A. L’Ecuyer Many people get confused or simply don’t appreciate the difference between banks and credit unions. Both banks and credit unions offer many of the same services. These financial services include auto loans, home equity loans, personal checking accounts, business checking accounts, personal savings accounts, CDs, debit cards, Visa Credit Cards, safe […]
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Posted in Finance & Work, Your Money