The 4 Biggest Credit Union Myths

The 4 Biggest Credit Union Myths

International Credit Union Day on Thursday, October 19th celebrates the spirit of the global credit union movement.  With this day right around the corner, we’d like to clear up the four biggest myths about credit unions.

The 4 Biggest Credit Union Myths
 

   There aren’t enough locations.

There are big and small credit unions, but just like banks, your deposits at a credit union are insured by the federal government up to $250,000.

Anheuser-Busch Employees' Credit Union has 29 Credit Union branches nationwide, including 13 branches in the St. Louis area.  Credit union members also have access to a CO-OP network of 30,000 free ATMs and 5,000 shared branching locations, making it easy for you to access your money anywhere.

 

  It will be hard to access my money.

With OnlineAccess and MobileAccess+, accessing your money has never been easier.  You can download both of our apps:  CU Access+ and MobiMoney in the App Store or on Googleplay.

Read more about our access and convenience services, such as eDeposit, IDSafeChoice, No Transaction Fee-ATM locations, and more here.

 

  I can’t join.

Anybody can join a credit union. You may be eligible based on your employer, where you live, or your family, as most credit unions allow members’ families to join.

 

  They don’t offer as many services as banks.

Credit unions offer the same financial products as banks—checking accountsdebit and credit cardsonline banking (OnlineAccess), IRAs (individual retirement accounts), mortgages and auto loans—but because credit unions are not-for-profit, they often offer better rates than banks.

 

Become a member today!  Questions about opening an account or just want to learn more about our loans, mortgages, and other services?  Contact us today or reach our Contact Center at 1-877-325-2848.

It’s Time to Become a Credit Union Member

It’s Time to Become a Credit Union Member

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