MSN Money - Is It Time To Join A Credit Union?
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Here are some highlights from the article:
"Credit unions largely avoided offering risky mortgages, they are among the few success stories to emerge from the subprime mortgage mess."
"Because they have no stockholders to answer to, credit unions are not pressured to get involved in risky investments such as mortgage-backed securities."
"Credit unions can offer their members a better deal because any extra profits are returned to members in the form of dividends or lower fees after operating expenses and capital reserves are accounted for."