Credit unions have increased in popularity ever since the financial crisis. With the Occupy Wall Street movement and Bank Transfer Day, many people have become more skeptical of large banks and their profit-making measures. As a result, a lot of consumers have turned towards credit unions as a safer way to store their money. But don’t just automatically switch to a credit union because everyone else is doing it. There are pros and cons to both credit unions and banks. Check out the following before deciding what’s best for you.
