IWS-28 : The IWS National Directory of Credit Unions and Credit Unions Anyone Can Join

Description

Newly updated! The IWS National Directory of Credit Unions and Credit Unions Anyone Can Join gives name, address, telephone number, and website for 7,000 U.S. credit unions, the majority of credit unions in the country. Entries are listed alphabetically by name.

Credit Unions are nonprofit financial institutions. In addition to cheaper loans, they offer many advantages over banks. Unfortunately, most people are unfamiliar with credit unions or think they?re hard to join. The truth is that hundreds of credit unions are open to anyone, with branches across multiple states. The Directory even includes a special section on credit unions anyone can join.

Whether you are a money broker, a borrower, or just someone looking for a great financial institution with low interest rates and special attention to member needs, you need this Directory.

CHOOSING A CREDIT UNION OVER A CONVENTIONAL BANK

LOANS FROM CREDIT UNIONS are cheaper and oftentimes easier to get than bank loans. If you need to borrow money, it’s worth checking out credit unions.

CREDIT UNIONS ARE NONPROFIT financial institutions. In addition to cheaper loans, they offer many advantages over banks. Unfortunately, most people are unfamiliar with credit unions or think they’re hard to join. The truth is that hundreds of credit unions are open to anyone, with branches across multiple states.

SOME CREDIT UNIONS do limit membership to individuals with a common bond, like working for a corporation or serving in the military. To save you time and money, we’ve prepared a list of TOP CREDIT UNIONS ANYONE CAN JOIN. You can use this list to find a credit union that will be a perfect fit for you.

ADVANTAGES OF JOINING A CREDIT UNION. Credit unions exist to serve their customers, not to make a profit. Advantages of credit unions over banks include:

  When you open an account at a credit union, you become a member—one of the owners of the institution. With a bank you’re simply another customer.

  Loans, credit cards and lines of credit from credit unions come with lower interest rates and fewer fees, making them cheaper and easier to qualify for.

  Free, no-strings checking accounts

  Higher interest earnings on savings, checking and other deposits

  Free network ATM machines

  Pooling of members’ money for greater financial strength and stability

  Personalized, customer-focused service and support

AT MOST U.S. CREDIT UNIONS, your money is safe because it’s insured by the National Credit Union Administration (NCUA). This means that if the credit union fails, which is unlikely, some or all of your money is guaranteed.

FOR MORE INFORMATION ON CREDIT UNIONS, contact NCUA at 703- 518-6300, 1775 Duke Street, Alexandria, VA 22314-3428, email them at consumerassistance@ncua.gov or visit their website at www.ncua.gov. NCUA has a listing of all credit unions in the U.S., which is also available from IWS.

IN CANADA, THE NATIONAL CREDIT UNION TRADE GROUP is Credit Union Central of Canada at 416-232-1262, 151 Yonge Street, Suite 1000, Toronto, Ontario, M5C 2W7. Their email is inquiries@cucentral.com and their website is www.cucentral.ca.