We often take life’s many gifts for granted by failing to appreciate them deeply enough. Thanksgiving offers the perfect opportunity to reflect upon everything that is wonderful in our lives and to show our gratitude for each and every gift we’ve been given.
This Thanksgiving, give thanks for your credit union! Here are 10 reasons to be grateful you belong to Mutual Credit Union.
1. Superior member service
At Mutual Credit Union, you’re always greeted with happy faces and representatives who are ready and willing to help you. There’s no cold, sterile atmosphere here! Instead, at Mutual, every member is part of the family. We’re truly invested in your financial wellness and we’re here to help you achieve and maintain it, every step of the way.
2. You have access to better savings rates
We’re not paying dividends to stockholders, and that means we have more savings to pass back to you. At Mutual, we’re proud to offer you share certificates, money market, and savings rates that are competitive.
3. We make it easy to qualify for credit
We are local and all decisions are made locally. No contacting a corporate office for approval states away on members that we know and value. The more we know you the better our opportunities are to grow together. That makes it easier for you to open a new line of credit, even if your existing credit isn’t perfect.
4. We offer lower interest rates
Need a stash of cash? Stop by Mutual and take your pick of personal loans – home loans, auto loans, and more, all with reasonable interest rates that are often lower than the regional or national average. We’ll help you get the funds you need with a payback plan you can actually afford!
5. Your money is safe here
Federally insured credit unions and banks both offer insurance on accounts of up to $250,000. But credit unions are also subject to strict regulations on their investments and loans. This means you can keep your money here without worrying about its security.
6. We offer FREE and Low Cost Checking Accounts
Our checking accounts exist to provide you with a safe, convenient place to store your money—not to milk you for it. We offer checking accounts at Mutual that are free or low cost to set up and maintain.
Conversely, according to a MoneyRates survey, the average monthly maintenance fee for a checking account at a bank is $12. That’s nearly $150 coming out of consumers’ pockets each year!
At Mutual, you’ll have a safe place to keep your money without it costing you and in some cases where you are even being rewarded for your checking account.
7. You own a piece of your credit union
Credit unions are member-owned and member-operated. You get to weigh in on our major decisions instead of being forced to follow along with whatever the higher-ups decide. Your money=your choices.
8. We support our communities
Credit unions are invested in the success of our communities. Here at Mutual, we are here to foster relationships within our schools, our community agencies, like The United Way of West Central MS, as well as our community businesses and their employees and families.
9. Fewer fees & added conveniences
From steep overdraft fees to costly ATM fees, there’s another bill to pay at every turn at other Financial Institutions.
Here at Mutual, we want to help you keep as much of your money as possible. If you have a question about your finances, or need help figuring out how to reach the next level of financial freedom, we’re here to help you find a solution. We offer mobile and online banking options to keep you on track and informed when it comes to your money. Mutual offers flexible payment platforms that work with Apple Pay, Google Pay and Samsung Pay for your added convenience. It’s like you own a large corporate company with all the features you need but with all the feels and conveniences that are synonymous with locally owned.
We also want you to have access to your money without worrying about expensive ATM fees. To that end, we provide our members with a large network of ATM’s through our shared branching network that offers Free or Low cost fees to you when withdrawing money. Some of our checking accounts even reimburse you monthly for ATM fees you might incur.
10. You have access to a variety of financial services
At Mutual, we’re a lot more than just a gigantic piggy bank. We provide members with an array of financial services to meet every money-related need at every life stage. These include: Credit Cards with low or no annual fees and low interest rates, Direct Deposit, Wire Deposits, Financial Education and Counseling Services, Youth Accounts, Holiday/Vacation Clubs, Holiday/Vacation Loans, Vehicle Loans, Mortgages and Home Equity Lines of Credit, Notary Services, Online Banking and more!
As a member of a credit union, your money is always in good hands. Aren’t you thankful you belong to Mutual Credit Union?
Your Turn: Why are you thankful for Mutual Credit Union? Share your favorite reasons with us in the comments!
SOURCES:
https://www.motionfcu.org/articles/5-advantages-of-a-credit-union-vs-a-bank
http://www.experian.com/blogs/insights/2016/10/top-10-reasons-people-love-credit-unions/