There was a time when to use one or another financial service you had to apply to the bank and there was no other alternative option. But fortunately, this time has left behind and today consumers are free to choose financial institutions to apply to (read about consumer loans).
If you’re not satisfied with the service provided by your bank and you consider changing it, then wait a little and consider other options. One of such options is to apply to a credit union. Many consumers today favor credit unions over banks because quite often these financial institutions offer more variable products and services than some banks do.
But in some occasions American banks can suit you better than anything. Here is a comparison of banks and credit unions to help you to make the smartest financial decision.