Media experts site the top reasons to
"Ditch Your Bank" for a Credit Union:

1. "Ditch your bank for a credit union"
- Highlights from MSN Money, Liz Pulliam Weston

Credit unions are not-for-profit. This status helps explain why interest rates tend to be significantly better, and fees fewer and smaller, at credit unions than at banks. Any profits credit unions do make are distributed as dividends to their members. Contrast that with banks, which continually invent new fees and policies to boost profits.

2. "On the hunt for credit – Given turmoil at traditional banks, time may be right to try a credit union"
- Highlights from MarketWatch, Andrea Coombes

During these times of tight credit, credit unions may be likelier to approve your loan.  Credit unions can be more understanding, especially if there were difficult circumstances.  Most credit unions don't operate a distinct subprime-loan program as banks do.

3. "Credit union could help you find good savings rates"
- Highlights from USA TODAY, Sandra Block

While you're looking [for higher rates], here's something else to consider: credit unions. Rates on credit union CDs, often called share certificates, are often higher than rates on bank CDs.  Because credit unions are member-owned cooperatives, they don't have to generate profits to placate shareholders. Credit unions are also exempt from federal income tax, which reduces their operating costs.

4. "The best little deal in banking"
- Highlights from Money Magazine, Carolyn Bigda

A recent study by Informa Research Services found that a higher percentage of credit union members liked their institutions than did bank customers.

5. "Best Way to Get Even with Your Bank ... Move your checking account to a credit union."
- Highlights from Money Magazine, "100 best money moves you can make": #52

Nonprofit, member-owned institutions [credit unions] almost always offer lower fees and better customer service. (Credit unions blew away big banks on a recent customer satisfaction index.)

 

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Become a Member today! 

As a member of Financial Resources Federal Credit Union, you gain access to BalanceTrack, a personal finance education program containing education modules that guide you through the core aspects of personal financial management. By completing these courses, you are moving toward financial success while demonstrating your commitment to sound money management.

It's easy to join! Open and maintain a savings account with a minimum deposit of $10 and begin taking advantage of all the benefits of membership.

Your membership includes:

• Free Checking⁽¹⁾ and other checking options
• Free Direct Deposit
• Free Visa® Debit Card and access to over 50,000 surcharge free ATMs across the country!
• Free 24/7 access to your accounts with WebBranch ^TM and AccountLine24 - 800.933.3280.
• Free FinanceWorks: Your complete financial picture ... all in one place!  
• Free Bill Payer 
• Free Mobile Banking/Text Messaging services⁽²⁾ 

Click here for a New Member Application to get started. Visit a branch to set-up your accounts, or drop it in the mail with a copy of your government issued ID and check for your initial deposit.  You will be contacted as soon as your accounts are opened so you can set up your Direct Deposit and WebBranch Internet Banking access.

Plus there's so much more...

• Great rates on Certificates, IRAs and Money Market
• Vehicle Loans at incredible rates ⁽³⁾
• Home Equity Credit Lines at Extreme rates ⁽³⁾
• Excellent rates on Mortgages ⁽²⁾
• Complimentary Financial Planning and so much more! ⁽⁴⁾

Financial Resources is a member of the Credit Union Service Centers network with locations around the country so you can conduct many transactions as if you were in a Financial Resources branch. Plus we have five community branches in Bridgewater, Somerset, Flemington, Hillsborough and Green Brook, NJ.  Additional locations are open to employees of certain company locations.  Click here for a map of these locations.

Questions?  Call 800.933.3280, press 4, Monday - Friday, 8 am - 6 pm, and Saturday, 9 am - 1 pm, or email us at frfcu@finresc.org.

We look forward to having you join us as a Member!

(1) Free Checking minimum to open = $25
(2) Please Note: standard text messaging and other rates from your wireless provider still apply
(3) Subject to credit approval

(4) Investment products and investment advisory services shown on this Website and offered through CUSO Financial Services, LP (CFS), an independent broker-dealer and SEC Registered Investment Advisor, are not NCUA/NCUSIF insured, not Credit Union guaranteed and may lose value. Representatives are employed by Financial Resources Federal Credit Union and registered through CFS. Financial Resources Federal Credit Union is in partnership with CFS (Member FINRA /SIPC ).