credit unions

5 types of credit unions worth joining

Checking » Credit Union » 5 Types Of Credit Unions Worth Joining

Marching with the military
Marching with the military

Military credit unions pull out the stops for their members.

Take the Navy Federal Credit Union in Vienna, Va. Its 4 million members are or have been active members of all branches of the military. And 75 of the credit unions' 229 offices are located on bases worldwide.

"We know military people's unique needs," says Jeanette Mack, a spokeswoman for the Navy Federal Credit Union. "This is where military people belong."

For example, the credit union's Active Duty Checking has offered military members deals such as getting their pay a day early and receiving up to $20 in fee rebates every month, she says. There's also 100 percent mortgage financing for first-time homebuyers and up to $2,500 in closing cost reimbursements. "You can practically come to the table with nothing," Mack says.

Conversely, Service Credit Union in Portsmouth, N.H., has offered free checking accounts with no minimum deposit and other banking perks such as 24-hour banking, free bill pay and rewards debit cards to its members.

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 3.99%  0.09 4.08%
15 year fixed refi 3.07%  0.11 3.18%
10 year fixed refi 3.13%  0.08 3.21%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.32%  0.02 4.30%
50K FICO-based HELOC 3.98%  0.02 3.96%
100K FICO-based HELOC 3.83%  0.02 3.81%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.75% --0.00 2.75%
48 month used car loan 2.99% --0.00 2.99%
60 month new car loan 3.18%  0.02 3.20%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.99% --0.00 0.99%
2 Year CD 1.22% --0.00 1.22%
5 Year CD 1.87% --0.00 1.87%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.76% --0.00 15.76%
Cash Back Cards 16.44% --0.00 16.44%
Low Interest Cards 11.04% --0.00 11.04%
 
Next
advertisement

Blog

Holden Lewis

Cautious BofA heeds history

Remember the wise decision that Bank of America made in August 2001 in light of the decision it's making now.  ... Read more

advertisement
Partner Center
advertisement

Connect with us