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  • Listerhill Credit Union Membership

    • Listerhill Credit Union is headquartered in Muscle Shoals, Alabama and has served members since 1952.
    • 7th largest credit union in Alabama, managing $1.38 Billion in assets and serving over 94,000 members.

    Membership: If you live in Alabama, Georgia, Mississippi, Florida, or Tennessee.

  • Bridgeway Federal Credit Union Membership

    • Bridgeway Federal Credit Union is headquartered in Phenix City, Alabama and has served members since 1960.
    • Manages $69.94 Million in assets and serves over 8,000 members.

    Membership: Anyone who lives, works, attends school, worships, or volunteers in specific Alabama and Georgia counties.

  • Five Star Credit Union Membership

    • Five Star Credit Union is headquartered in Dothan, Alabama and has been serving members since 1964.
    • 12th largest credit union in Alabama, managing $780.46 Million in assets and serving over 56,000 members.

    Membership: Live or work in designated counties in Alabama and Georgia.

  • iThink Financial Credit Union Membership

    • iTHINK Financial Credit Union headquarters is in Delray Beach, Florida and has been serving members since 1969.
    • Manages over $2.16 billion in assets and serves over 106,000 members.

    Membership: Live, work, or attend school in select Florida and Georgia counties.

  • Gulf Winds Credit Union Membership

    • Gulf Winds Credit Union headquarters is in Pensacola, Florida and has served members since 1954.
    • Manages $1,087,711,368 in assets and serves 83,184 members.

    Membership: Lives, works, worships, or attends school in one of the 75 counties served in Florida, Alabama, and Georgia.

  • Envision Credit Union Membership

    • Envision Credit Union is headquartered in Tallahassee, Florida and has served members since 1954.
    • Manages $831.16 Million in assets and serves over 64,000 members.

    Membership: Live and work in specific Florida and Georgia counties.

  • Peach State Federal Credit Union Membership

    • Peach State Federal Credit Union is headquartered in Lawrenceville, Georgia and has served members since 1961.
    • 8th largest credit union in Georgia, managing $970.85 Million in assets and serving over 70,000 members.

    Membership: Work for a partner company or live and work in select counties in Georgia and South Carolina.

  • Interstate Credit Union Membership

    • Interstate Credit Union is headquartered in Jesup, Georgia and has served members since 1968.
    • 17th largest credit union in Georgia, managing $334.99 Million in assets and serving over 31,000 members.

    Membership: Businesses, entities, and persons who live and work in select Georgia counties.

  • Credit Union of Atlanta Membership

    • Credit Union of Atlanta is headquartered in Atlanta, Georgia and has been serving members since 1928.
    • Manages $79.37 Million in assets and serves over 15,000 members.

    Membership: Employees of the City of Atlanta and all Agencies, Authorities, and organizations affiliated with the City of Atlanta.

  • Core Credit Union Membership

    • Core Credit Union is headquartered in Statesboro, Georgia and has served members since 1991.
    • Manages $145.12 Million in assets and serves over 16,000 members.

    Membership: You live or work in Bulloch County, Georgia.

  • Family Savings Credit Union Membership

    • Family Savings Credit Union is headquartered in Gadsden, Alabama and has been serving members since 1951
    • 11th largest credit union in Alabama, managing $896.83 Million in assets and serving over 75,000 members.

    Membership: Serving members in select counties in Alabama and Georgia

  • All In Credit Union Membership

    • All In Credit Union is headquartered in Daleville, Alabama and has served members since 1966.
    • 3rd largest credit union in Alabama, managing $2.98 Billion in assets and serving over 174,000 members.

    Membership: Serving over 800 businesses and organizations in Alabama, Florida, and Mississippi.

  • Bond Community Federal Credit Union Membership

    • BOND Community Federal Credit Union is headquartered in Atlanta, Georgia and has been serving members since 1972.
    • Manages $46.78 Million in assets and serves over 3,000 members.

    Membership: Live, work, worship, or volunteer in one of the designated neighborhoods or related to an existing member.

  • 1st Choice Credit Union Membership

    • 1st Choice Credit Union is headquartered in Atlanta, Georgia and has been serving members since 1991.
    • Manages $37.42 Million in assets and serves over 6,000 members.

    Membership: Eligibility includes those who live and work in designated areas in Georgia.

  • Robins Financial Credit Union Membership

    • Robins Financial Credit Union is headquartered in Warner Robins, Georgia and has been serving members since 1954.
    • 3rd largest credit union in Georgia, managing $4.27 Billion in assets and serving over 268,000 members.

    Membership: Eligibility is available to family members of current members as well as those who live or work in the designated counties in Georgia.

  • Georgia’s Own Credit Union Membership

    • Georgias Own Credit Union is headquartered in Atlanta, Georgia and has been serving members since 1934.
    • 2nd largest credit union in Georgia, managing $4.41 Billion in assets and serving over 244,000 members.

    Membership: Eligibility includes 5 ways to becoming a member from residence, employment, association, and affiliation.

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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