121 Financial Credit Union

"Wonderful" - 121 Financial Credit Union Review

"Simple" - 121 Financial Credit Union Review

"I Would Do All My Banking With 121" - 121 Financial Credit Union Review

Examining the Biggest Benefits of Switching from a Bank to a Credit Union

Credit unions differ from banks in a variety of ways while offering the same financial tools you need for successful saving. Doing your banking with a credit union offers easier savings plans, a lack of service fees, and a higher quality of customer service.

Lack of Fees

Major banks are also run as businesses. In order to make a profit, they charge a number of fees. These fees include debit card use fees, ATM fees, and minimum balance fees. However, your credit union is run as a service to you, rather than as a business. Credit unions often pay a reward, rather than charging a fee, for debit card use. Overdraft fees are often waived or only charged if your balance repeatedly falls below zero. Many credit unions will also reimburse you for ATM fees, particularly while traveling.

Mortgage and Loan Incentives

Your credit union is there to help you during life’s big purchases. Credit unions offer a variety of personal, auto, and business loans with better terms than you will find at a bank. Payment plans are often more flexible as well, accounting for your personal needs. Pursuing a mortgage with a credit union can also work to your advantage. Credit unions frequently waive the origination fee, saving you hundreds or thousands of dollars on your mortgage.

Personalized Customer Service

When you switch to a credit union, you will enjoy superior customer service from a network of employees who often know you personally. Because credit unions are community establishments, their workers are dedicated to improving their community via serving their clients. You will get the personalized attention, advice, and assistance you need to make the best financial decisions for your needs.

At 121 Financial Credit Union of Jacksonville, we pride ourselves on our financial know-how and dedication to customer service. Find out how our credit union can make the difference in your financial life by calling (904) 638-8026. You can check out our variety of services, including savings accounts, checking accounts, and personal loans, by clicking on our website.

"Very Pleased" - 121 Financial Credit Union Review