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Blog > 2010 > April > What's the Benefit of a Federal Credit U...
April 16, 2010

What's the Benefit of a Federal Credit Union Compared to a Bank?

federal union credit cardA credit union is member focused rather than profit focused, which is what most banks are.

The interest rates and fees that are charged for a federal credit union credit card are significantly lower when compared to the bank, as they do not operate for profit.

There are a number of people who are opting for a federal credit union credit card as the interest rate is much less, which is a big benefit during our current recession.

Financial Center, which serves members in the Indianapolis area, offers a number of products and services that are useful to credit union members. Our credit union also offers its services to military and civilian personnel stationed overseas.

Contact us at Financial Center of Indianapolis for questions that you have about us.  You might be interested in our Reward Checking which earns dividends.

Category: FCFCU
Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI