What’s the difference between a commercial bank, a credit union and a thrift? And which one is right for you?
Banking is changing, perhaps more than ever before. Commercial banks can now offer insurance or investment products in addition to checking and savings accounts. Online banking is growing rapidly as a convenient way to manage an account. Thrifts offer more than loans and mortgages. And credit unions are proliferating, often offering the highest interest rates on deposits and lower rates on loans. You’ll also learn how to make a complaint and how the FDIC protects your money.
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