Trust Banks or a North Carolina State Credit Union?

Posted by sylver on August 12th, 2017

Most individuals tend to believe that banks are more trustworthy than any North Carolina credit union, mostly because of the fact that they have invested a lot of money in their marketing campaigns and have managed to build up a reputation. Nevertheless, the most important fact that you need to keep in mind is that what happens behind closed doors is not that great for the customer. The situation is quite different when you rely on the services offered by a North Carolina state credit union.

If you are wondering what makes banks the least reliable option, you should know that the way they reward their consultants brings up some serious doubts regarding their intentions. What many people don’t know is that these bank consultants work on commission, which means that they benefit from a particular level of commission depending on how many clients they convince to invest in certain services that the bank has to offer. Keep in mind the fact that they will promote said services even if the client does not need them.

When you become a North Carolina state credit union member, you do not have to worry about being tricked to pay all sorts of fees for services you are not going to use. That is because of the fact that the financial consultants you find at the North Carolina credit union provide a more personalized service to ensure that all members have their needs met. The major difference between banks and credit unions is that credit unions are owned by their members.

Even though this might not seem like something that your local bank might do, you should know that all of these institutions work on the same principle. Maybe you like the way the consultants treat you and you feel that you can trust them. However, now that you know they have their own agenda, you might want to think twice before asking for financial assistance from a bank consultant. It would be much better if you relied on a North Carolina state credit union.

Here, you have the chance to get actual advice and benefit from much lower interest rates. At the same time, if your credit score is not that great, you will learn about a few ways you can improve it before actually applying for a loan. Before you know it, you will be able to afford that new car, start that business you have been working on or buy that house you have been dreaming about. It is all possible if you choose to become a North Carolina credit union member sooner rather than later.

As you can clearly see, a North Carolina state credit union is a much more reliable option than your local bank. So, if you are interested in getting a loan so that you can buy a new home or car or even start a business, you should consider becoming a member of the best North Carolina credit union. Visit our website for more details!