NEW YORK-CBS MoneyWatch.com recently published a story on how credit unions perform better than banks for basic functions and provides better rates for consumers. The story showed how easy it is to join a CU, pointed out that it is easier to obtain a loan at a CU compared to a bank and noted that cooperatives have the best rates on credit cards. It also demonstrated CUs' emphasis on safety and security, noting that a bank has been five times more likely than a CU to fail during this economic downturn. To read the story go to: http://moneywatch.bnet.com/saving-money/article/bye-bye-banks-time-to-join-a-credit-union/382953/
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