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Bank vs. Credit Union - Which One’s Best?

Bank vs. Credit Union - Which One’s Best? | time to move out | Scoop.it
So you need a loan or a new account, and you’re not sure where to go. Both banks and credit unions can probably help you, but one may be better. What can you expect from banks vs. credit unions and why does it matter?
Jacob 's insight:

Being part of a credit union sound more appealing to me than getting a loan from a bank. Actually owning a part of it and not feeding big banks is pretty cool and you also get better deals on loans.

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How is a Credit Union Different than a Bank?

How is a Credit Union Different than a Bank? | time to move out | Scoop.it
Jacob 's insight:

A credit union is like a bank but they are not trying to get as much money as possible out of you. They are ran by the community and give out smaller loans than banks but the percent of people that pay off their loans are higher.

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Steps for Renting a Home-Kiplinger

Steps for Renting a Home-Kiplinger | time to move out | Scoop.it
If you're looking to rent a home for the first time, follow these tips before signing a lease.
Jacob 's insight:

This article really helped me understand all the things that add up to the cost of moving out.

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BANKS AND CREDIT UNIONS

BANKS AND CREDIT UNIONS | time to move out | Scoop.it
I am often asked by my customers about what the difference is between a bank and a credit union especially when one of my Louisville buyers is looking for a mortgage loan source. I am probably asked the same question several times in a month.

Via Boston Condos
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Boston Condos's curator insight, June 18, 2013 4:38 PM

Bank and Credit Unions are more alike than they are different.
Banks are corporate owned and their goal is  generating profit for the shareholders, Where a credit union is community based and requires a membership usually stemming form an organization such as unions or cities.  Each member is a part owner in the credit union. The higher the deposits, or shares, the higher the share of profits.