Many consumers in the Hollidaysburg area are tired of the high fees and poor service that they get from banks. A great alternative to the banks is for consumers to consider moving their business to one of the credit unions in Hollidaysburg, PA. However, it is important to choose the right credit union for their needs. There are a couple of things that consumers should look for when choosing a credit union.
First of all, consumers should take a look at all of the products offered at each credit union. Many credit unions such as ARC Federal Credit Union have a lot of financial products to offer from various deposit accounts to various loans. Consumers should look at the interest rates on deposit accounts and loans as well. Choosing one of the credit unions in Hollidaysburg, PA with the best rates can be a great way for many consumers to save or earn money when it is time to look at extra financial products.
Another important consideration when searching for the right credit union is the location of the branches and ATMs. It can be very handy when a branch or ATM is located conveniently to a consumer’s home, school, or work. That can result in a lot of time savings. Keep in mind that many credit unions allow for free transactions from ATMs that belong to other credit unions. The wide availability of fee-free ATMs is a reason why many consumers have chosen credit unions. It is no longer necessary to choose a big bank in order to access a large network of ATMs with no fees.
Finally, a credit union’s customer service should be considered when choosing a financial institution. In general, credit unions are known for their friendly and personalized service. Still, it can be very helpful for consumers to choose credit unions that have a good reputation for outstanding customer service. In an era when large financial institutions such as large banks are trying to have customers avoid human contact, credit unions offer customers the option of dealing with a human without having to worry about extra fees for teller service.
Many consumers have found that they are better off choosing a credit union. However, it is important to choose the right institution. Interest rates, location, and customer service are all very important. It can be worthwhile for consumers to do a bit of research prior to choosing a credit union.