A credit union is a financial institution democratically controlled and run by its members. Its main goal is to provide clients with loans at competitive rates. Besides home mortgages, home equity loans and other types of financing, a credit union also offers checking accounts, credit and prepaid cards, insurance and investment services, and also allows people to deposit money. To choose a Portland Credit Union or an Oregon Credit Union, those interested have to follow these next steps.

Some credit unions focus on offering loans, others look to help people invest their money wisely in mutual funds. Some credit unions are very small and have just a few employees, while others are spreaded all over the country, having branches where hundreds of people work. To decide on a credit union over another one, clients first have to take into account their needs, and then the size of the financial institution that would help them out.

Therefore, they need to assess their financial needs and establish if they want to address a credit union to deposit some money for further use, to benefit from assistance regarding retirement plans, or to get a loan to be able to go on vacation or buy a house. After identifying the need, clients have to choose from the multitude of credit unions that exist today that credit union that is the most appropriate to satisfy the need.

The size of the financial institution that would provide assistance and eventually help people save money, open checking accounts, get a loan or a prepaid card is also important. It is recommended that people interested in a reliable financial institution select the institution that has plenty of experience in the field of financial services and that has received a wealth of positive reviews from its clients.

However, new credit unions that appear on the market should be taken into account, as well, since most of them benefit from the knowledge and expertise of people who have worked for other credit unions in the past and who know how to administer accounts, offer loans, discuss with people and provide them with the financial product they really need. Moreover, new credit unions usually practice lower fees, to attract more clients.

The last and very important aspect that has to be considered by people searching for a reliable credit union is represented by all the conditions imposed by that credit union for people who want to open a checking account, get a loan or benefit from an insurance policy. Interest rates, monthly service fees, minimum balances to avoid service fees, and other elements are those that eventually make the difference between a Portland Credit Union or an Oregon Credit Union and other financial institutions.

Looking for a credit union that thinks of you before thinking of it? With us, you will discover that what we discuss is always true, and that we care about our clients, because if you are not satisfied, we cannot continue. For a reliable, professional, and successful credit union, choose