Quote:
Originally Posted by whell
Remember that credit unions don't pay corporate income taxes. That's one reason that their cost structure is different. Their interest rates for both personal savings accounts as well as loans are generally less aggressive than the big banks or specialty loan companies, and there are caps on the size of loans that CU's can issue. Less revenue, but also lower potential costs.
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.... and far fewer shenanigans.
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As long as the roots are not severed, all will be well in the garden.
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