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Reply to "Credit Unions vs Banks - Class trends"
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[quote=Anonymous]So my DD was doing a paper for school, and we read that most users of credit unions are lower income than the typical bank customer. We are a boring DCUM family making $300k so not rich, but I think more income than average banking user? And we always use credit unions since they have lower loan rates and better savings rates. But talking to a teller there i definitely got the impression we were an outlier as more wealthy than most customers. I can definitely see a full service bank if you are in private banking scene, but if you just have a checking account and take out occasional car loan or whatever, why are people choosing banks overs credit unions? Or is the stats I see just messed up somehow?[/quote]
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