Choose Portland credit union

Posted by alisonreid29 on January 22nd, 2015

Most people have heard about Portland credit union and they want to become members, since the advantages are there and the union works in the best interest of its members. But how can you distinguish among credit unions and know which ones will come with the best services? The comparison can be done in an easy manner and it is just about looking at some aspects that are usually specified from the start. Not to mention that you can find everything you need to know about Oregon credit union online.

Banks are most of the times owned by large corporations and their main goal is to make profit, thus they charge high fees and make people pay more for the loan they have gotten, the deposit they opened and such. On the other hand, there is the Portland credit union, which operates in a distinctive manner, being non-profit and run by the members. Credit unions usually aim their services to specified clients, in most cases for those who take part of a business or a specific union. Even so, because in most cases there are several credit unions within a location, some people can find it hard to opt for one.

The first step is to find and evaluate credit unions that are part of your location or community. A quick internet search will do the trick, as you can easily locate them and find out where they are established exactly. Afterwards, see what requirements each Oregon credit union has. For instance, some accept members that work in a certain field. Once you find out this information, eliminate those that do not find you eligible. There is no point in going further with a Portland credit union unless you will not be accepted from the beginning.

Moving on to the next step, comparing services from Oregon credit union and what are the account options, what are the interest rates, the fees for each operation, if there are any annual fees and such. If you want some of the most desired options to keep track of your account, such as internet banking, you should see whether it is included or not. Consider what you want from Portland credit union, if you require mortgage, a loan of any kind and such. Comparing the rates is highly recommended and this should be done even if you are not looking for any of these aspects.

However, by knowing the rates, you will have a good idea of the discounts and special offers that members part of the Oregon credit union receive. Credit unions can differ, as some of them might offer competitive rates for savings accounts, while others for mortgage or loans. Discuss with a credit union ahead of time and see exactly if it meets your needs and if they are willing to negotiate and how they can help. This is also an important aspect that should be considered, credit unions are able to listen to requests and needs and come with viable options and solutions.

Looking for a Portland credit union that will offer the best services and put your needs first? There is no need to look anywhere else, because you can find everything you require about Oregon credit union right here.