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      Money Talks: Joining a Credit Union

      Pretty much everybody has a banking relationship.

      But not nearly as many have one with a credit union.

      And that's a mistake, at least if you like to earn more and pay less.

      Let me give you five reasons why you should join a credit union this week.

      First, because you're probably going to earn more on your insured savings account.

      "We have a 13-month certificate of deposit at 1.85 percent," said a credit union representative.

      Second, because you're probably going to pay less for loans

      "We have auto loan rates as low as 2.99% APR," said a credit union representative.

      Rates are often higher on savings and lower on loans, because credit unions are non-profit.

      Something that's also behind reason number three to join: better credit card rates.

      "Starting as low as 8.99%," said a credit union representative.

      And here's reason number four to join a credit union: credit may be easier to get.

      "We offer a different line of products than what banks offer, and we also look at your entire relationship, not just your credit score," said a credit union representative.

      And the final reason you should join a credit union this week?

      It's easier than you think.

      For many, the only requirement is living in the area.

      What about convenience?

      Many credit unions offered shared branching.

      That means you can go to any participating credit union anywhere.

      And here's a bonus reason.

      When you call a credit union, odds are good you'll talk to a person rather than a robot.

      Bottom line?

      Check out a credit union.

      Do it this week.

      Need info on finding one near you?

      It's waiting at moneytalksnews.com.

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