Why do credit unions charge lower rates than commercial banks?

Answer Credit unions are a kind of a bank owned by their members. They exist under a separate set of laws from regular banks and, due to the differences in how credit unions are operated, they often offer... Read More »

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Is credit unions better then banks right now?

Credit unions are not going to go belly up. Here's an excerpt from Forbes regarding credit unions:ATLANTA (9/19/08)--"If there's a calm in the economic storm, it may be credit unions, whose invest... Read More »

What Are the Benefits of Credit Unions Over Banks?

Credit unions are attracting more customers who are searching for an alternative to big banks. Bank customers who become unhappy with fees and low interest rates have another option that provides b... Read More »

What Happens to Commercial Banks When the Fed Raises Interest Rates?

When the Federal Reserve raises interest rates, commercial banks are affected in several ways. These activities by the Federal Reserve will limit the funds banks have for lending and it affects the... Read More »

How to Lower Rates on Commercial Leases?

Small business owners wishing to negotiate a lower rate for a commercial lease can do so at renewal time or even during the course of a lease. Essentially, there are four types of commercial leases... Read More »