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Guide To Opening An Account At A Credit Union by Cleo Gib





Guide To Opening An Account At A Credit Union by
Article Posted: 03/09/2011
Article Views: 159
Articles Written: 12921
Word Count: 328
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Guide To Opening An Account At A Credit Union


 
Finance & Investment
Many people switch from a traditional bank to a credit union in NH because they want better services. Citizens want to pay less banking fees and enjoy higher investment profits. Why should they suffer just because bank investors want bigger earnings?

When you do all your financial transactions at a NH or MA credit union, you will be offered superior banking solutions than at a traditional bank. As one of the owners of your financial institution, you will enjoy lower banking fees, higher interest rates, and loans will be easier to obtain. To tap into these privileges, you will have to open an account at a credit union in NH, which can be accomplished by following these simple guidelines.

1. Familiarize yourself with the credit union rules. A credit union in NH only accepts members who reside in their state, or work for a company that is based in New Hampshire. Credit union criteria can be obtained either at one of their offices or on a credit union website. These requirements are necessary to protect the members, and only attract people with financial stability. 2. When registering, you will be asked for 2 valid pieces of identification – one must have a photo ID. The clerk will request for you to deposit a certain amount of money to begin your membership. This can be as little as $ 25 for a ‘Share Savings’ account. If you want to enjoy a higher rate savings account, the amount will be higher. Request information on all the different accounts that are available, so you can select the one you can maintain comfortably. 3. The NH or MA credit union manager may run a credit check before accepting your application. This is not unusual. 4. Membership applications can also be obtained online. Completing the form should only take about 10 minutes. 5. Enjoy the privileges of your new financial institution

Workers' Credit Union is a credit union NH. For more info visit wcu.com (http://www.wcu.com)

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