How does a schools financial credit union differ from a bank?
I saw an ad for this around my school zone. As far as I understood a schools financial credit union simply offers the same products and services as a bank. I then fail to understand why I should be part of both a bank and a union when they both offer similar services. Are there any benefits for my child’s school education? Does the union get to pay the fees for me or how exactly does it benefit me as a member? Is a schools credit union strictly about the school finances or it can stretch an arm to other financial issues I might have for instance businesses or other things that may require financial support?
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