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  • Heartland Credit Union Membership

    • Heartland Credit Union is headquartered in Madison, Wisconsin and has served members since 1936.
    • 19th largest credit union in Wisconsin, managing $615.25 Million in assets and serving over 36,000 members.
  • Marine Credit Union Membership

    • Marine Credit Union is headquartered in La Crosse, Wisconsin and has been serving members since 1949.
    • 14th largest credit union in Wisconsin, managing $1.05 Billion in assets and serving over 78,000 members.

    Membership: Anyone who lives, works, or worships in specific Wisconsin, Minnesota, Iowa, and Illinois Counties.

  • Community 1st Credit Union Membership

    • Community 1st Credit Union is headquartered in Ottumwa, Iowa and has served members since 1936.
    • 6th largest credit union in Iowa, managing $956.32 Million in assets and serving over 68,000 members.

    Membership: Open to person living or working the following Iowa and Missouri counties.

  • Casebine Community Credit Union Membership

    • Casebine Community Credit Union is headquartered in Burlington, Iowa and has been serving members since 1949.
    • Manages $30.38 Million in assets and serves over 3,000 members.

    Membership: Live or work in specific Iowa and Illinois Counties.

  • Ascentra Credit Union Membership

    • Ascentra Credit Union is headquartered in Bettendorf, Iowa and has served members since 1950.
    • 11th largest credit union in Iowa, managing $529.76 Million in assets and serving over 43,000 members.

    Membership: Living or working in one of the Iowa and Illinois counties served makes you eligible.

  • Dupaco Credit Union Membership

    • Dupaco Community Credit Union is headquartered in Dubuque, Iowa and has been serving members since 1948.
    • 3rd largest credit union in Iowa, managing $3.19 Billion in assets and serving over 162,000 members.

    Membership: You are eligible to join Dupaco if you live or work within the charter area or have an immediate family member who is a Dupaco member.

  • Veridian Credit Union Membership

    • Veridian Credit Union is a member-owned financial cooperative providing banking services, including savings, loans, and other financial services.
    • The 2nd largest credit union in Iowa with assets totaling $4.79 Billion and serving more than 247,000 members.

    Membership: If you live or work for a business located in any county in Iowa or specific counties in Nebraska.

  • GreenState Credit Union Membership

    • Green State Credit Union is a member-owned financial cooperative providing banking services, including savings, loans, and other financial services.
    • The largest credit union in Iowa, with assets totaling $6.66 Billion and serving over 229,000 members.

    Membership: Those who live or work in Iowa or a county in Illinois, Wisconsin, Nebraska, or South Dakota that borders Iowa are eligible for membership.

  • Community Choice Credit Union (Iowa) Membership

    • Community Choice Credit Union is headquartered in Johnston, Iowa, and has been serving members since 1953.
    • 7th largest credit union in the state of Iowa, managing $796.74 Million in assets and serving over 51,000 members.

    Membership: If you live and work in defined communities in Iowa or have family who are current members.

What is Banking?

Banking is a form of money management using products and services related to savings and loans.

Different Types of Financial Institutions

Banks

Banks are what we typically associate with banking. They come in different sizes: local, national, traditional and online-only. Federal or state agencies supervise banks. The FDIC insures deposits of participating banks.

Credit Unions

Credit unions are not-for-profit financial institutions. They offer products and services similar to banks with a focus on member service, not profit. The NCUA insures deposits from participating credit unions.

Alternative Financial Services

Many fintechs are non-chartered financial services companies that offer banking services. You might think of them as an app offering checking and savings accounts, debit cards, payments, etc. They are not banks but work with partner banks or credit unions to hold your deposits.

Types of Banking Accounts

Banking accounts help make financial transactions convenient.

Savings Account

A savings account helps you save your money. You’re storing your money for future use and hopefully earning a reasonable interest rate. Interest is the money you earn for letting the bank keep your money. Some financial institutions impose minimum deposits, withdrawal limits, and fees.

Checking Account

A checking account is a transactional account that allows you to make deposits and withdrawals of your money anytime. Checking accounts is not the best place to store your money, as the goal of the account is for use, not saving.

Most checking accounts do not pay interest, but some do. Be mindful of transaction limits, minimum balance requirements, and fees.

Debit Card

Checking accounts come with a debit card enabling you to spend your money conveniently. A debit card allows for making purchases at stores and online shopping. You can only spend the money that’s in your checking account. Additionally, you can use your debit card at ATMs to make deposits, withdrawals, check balances, and transfers between accounts.

Money Market Account

A money market account is a type of hybrid savings and checking account. It tends to have higher deposit requirements but often pays more interest than a savings account.

Certificate of Deposit (CD)

A certificate of deposit, also known as a CD, helps you save money with a set interest rate for a specific amount of time. Your cash is term-locked. In exchange, you get a higher interest rate compared to a traditional savings account. Certificate terms can start at 30 days and go to 5 or more years.

How to Choose the Best Banking Service

You have many choices on the type of account to use and the variety of financial institutions available. So, shop around. Ask the following questions to help you narrow down your choices:

  • What are the products and services offered?
  • What are the fees?
  • Are there minimum balance requirements?
  • Do I need a physical location (like a branch) or prefer better mobile app services?
  • Does local banking matter or is national big bank convenient?
  • Are deposits FDIC or NCUA insured?
  • How to access your money?
  • Debit card? ATM network?
  • Can I set auto-transfers, auto-payments, and alerts?

You want to determine how the banking provider aligns with your needs, the cost of services, safety, security, and overall convenience.

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