Tag Archive | "credit union"

Membership eligibility to join a credit union

 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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Non-profit credit unions are known for service

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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