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Millennials comprise the largest generation alive today with more than 75 million individuals between the ages of 18 and 34. While they are already a powerful money-spending group – to the tune of $1.3 trillion annually – they are predicted to become a powerful paycheck-earning group by 2025, with […] Read More...
When it come to choosing a bank, there are a few broad categories you can choose from, and each has its own pros and cons. The right type of bank for you depends on the services and features you find the most valuable. Here’s a quick guide to some of the reasons you may want […] Read More...
Credit unions are thriving. More than 100 million Americans are members - an all-time high. Credit unions are making more loans and holding more savings than ever before. And by competing aggressively with banks, credit unions are saving consumers $10 billion a year on fees, interest rates, and the like. Read More...
Credit unions offer the same services -- checking and savings accounts, CDs, credit cards, mortgages and auto loans -- that banks provide. But they tend to charge lower loan rates, pay higher savings yields and go lighter on fees. According to Bankrate.com, 72% of the largest credit unions in the U.S. offer free, no-strings checking accounts, compared with only 38% of the largest banks. The average fee for overdrawing your account at a credit union is $26.78; the average bank fee is $32.74. Read More...
Whirlpool Corp. abandoned Arkansas in 2012, but the Michigan credit union that originally served its employees is still here and growing. United Federal Credit Union of St. Joseph, Michigan, opened its fifth Arkansas branch at 630 Hwy. 71 N. in Alma on April 23, barely a month after opening its fourth inside the new Walmart Supercenter at 4870 Elm Spring Road in Springdale. United completed a major renovation of its original Arkansas branch, at 8900 Jenny Lind in Fort Smith, in April as well. Read More...
