Credit Unions

Credit Unions

Credit unions are enjoying a surge in popularity as customers rebel against big banks. We get a primer on the services they offer and how they compare to banks.

As big banks incur the wrath of protesters across the country,customer-owned financial institutions are thriving. Credit unions have welcomed more new customers in the last two months than they did in all of 2010. We take a look at how credit unions differ from banks, who can join them and what they offer their members.

Guests

Bill Cheney

CEO, Credit Union National Association

Sarah Snell Cooke

Editor-in-Chief, Credit Union Times

Joan Goldwasser

Senior Reporter; Kiplinger's Personal Finance

Debbie Matz

Chairman, National Credit Union Administration

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Comments

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Thanks for bringing the attention to our industry. As a community chartered credit union we proudly service the financial needs of anyone that lives, works, worships, goes to school or volunteers in Montgomery County. For more information please visit us at www.mafcu.org .

Wed, 11/30/2011 - 11:33am

I love my credit union! The only problem I have had is any transaction with/about a foreign country. I could not buy euros and now I have a check from the Government of Canada that my CU will charge a $75 fee to cash!

Wed, 11/30/2011 - 2:51pm
The Kojo Nnamdi Show is produced by member-supported WAMU 88.5 in Washington DC.