Where to put your bread?

Finance4Youth gives us good tips on the differences between banks and creadit unions and which be better.

BANKS	CREDIT UNIONS
Lots of available locations	Most are part of Co-Op Network
May have many local branches	May be part of Shared BranchNetwork
All branches can access all account features
Larger, usually can offer more products or services	Smaller, usually can offer more “personal” service
Greater asset size should mean more technologically advanced	Because of community status, may bemore willing to experiment with new technologies
	Are, “Not for Profit”, so income is reinvested to members
	Usually offer higher savings rate and lower loan rates, due to “Not for Profit” status

Banks vs. Credit Unions