- Feb 26, 2008
- 856
- 6
You are basically paying someone for the right to keep your $ and make money with it. SMH That is called a suckers play. Or as we say around here.... A "Stick up without a gun!"
Yep there is a major difference. Credit Unions didn't suffer the slightest bit while most of the Banks were being bought up by JP Morgan. Credit Union's aren't connected to or associated with the Federal Reserve. They are independently owned and operated.Is there a difference between a bank and a credit union?