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I was looking at the Prime Rate at two different banks and got two different numbes. Isn’t the Prime Rate the same at all banks? »

I just took a job teaching at a university that has a credit union and have been urged to join. What are the benefits for me?

Credit Unions don’t have the full range of services that a bank may have, but that’s a good thing. By having lower costs credit unions are able to charge lower rates for loans and pay higher rates on deposits. If you are thinking of buying a home or a car in your new location you may get a better deal by joining your credit union. You can still have an account at a traditional bank if that’s what you are used to.

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I just took a job teaching at a university that has a credit union and have been urged to join. What are the benefits for me?

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