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Many people are frustrated with their traditional bank in MA. Their Massachusetts bank is expensive and it seems the fees steadily continue to rise. They ask themselves why Massachusetts banking has to be so frustrating. Sadly enough, they do not realize that it does not have to be this way. If you are sick of expensive MA banking fees, hidden penalties, and low interest rates, simple switch to a Massachusetts credit union or NH credit union. At these financial institutions, you will feel appreciated for the following reasons: • An MA credit union is member-owned – When you open an account at a credit union in Massachusetts, you become part owner of the enterprise. You will be treated with more respect. • A credit union in MA is non-profit – For that reason, your interest rates will be higher than those of a Bank in MA. Your MA banking fees will also be lower as there is no reason to boost - private - profits. • No Massachusetts bank will associate with a Massachusetts credit union or NH credit union. They are stiff competition, and rightfully so. Because an MA credit union has a cooperative structure and is not-for-profit, it is exempt from the majority of state and federal taxes. Your local Massachusetts bank believes, of course, that this is unfair, and has probably spent a fortune of your Massachusetts banking money trying to eliminate credit unions. Fortunately, your credit union in MA has not been defeated. Banks have failed miserably, and your credit union in Massachusetts is as secure and strong as before – probably even more!
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