What are the disadvantages of a credit union?

What are the disadvantages of a credit union?

a They are not always convenient.

b They do not have great customer service.

c You have many fees you must pay.

d You must deposit your money using their online app.

1 answer

e They may have limited access to ATMs and branches compared to traditional banks.

f They may have a limited range of financial products and services available.

g They may have higher interest rates on loans compared to some banks.

h They may not have certain advanced banking technologies and features available.

i They may have stricter eligibility requirements for membership compared to some banks.

j They may have less brand recognition and fewer resources compared to larger banks.
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