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  • Aspiration Spend & Save Account with a Conscious

    • Aspiration Spend and Save is a cash management service with a socially conscious mission.
    • Deposits won’t fund fossil fuel exploration or production.
    • 55,000 free in-network ATMs.
    • 3-5% cashback on Conscience Coalition purchases.
    • Pay what is fair. You decide.
  • 121 Financial CU logo

    121 Financial Credit Union Membership

    • 121 Financial Credit Union is headquartered in Jacksonville, Florida, and has been serving members since 1935 offering savings, checking, loans, credit and debit cards, online banking, and other related services.
    • Manages $709.88 Million in assets and serves over 50,000 members.

    Membership: 121 Financial offers financial products and services tailored to the unique needs of residents within Florida. Membership is also open to the immediate family of current members.

  • Black Hills FCU logo

    Black Hills Federal Credit Union Membership

    • Black Hills Federal Credit Union is headquartered in Rapid City, South Dakota, and has been serving members since 1941.
    • The largest credit union in the state of South Dakota and manages $2.27 Billion in assets serving over 97,000 members.

    Membership: Black Hills provides financial services to residents and businesses within a specific geographical area. Membership is also open to the immediate family of current members.

  • Blue FCU logo

    Blue Federal Credit Union Membership

    • Blue Federal Credit Union is headquartered in Cheyenne, Wyoming  serving members since 1951.
    • The largest credit union in the state of Wyoming managing $1.9 Billion in assets serving over 120,000 members.

    Membership: Eligibility for Wyoming and Colorado residents.

  • Camino CU logo

    Camino Federal Credit Union Membership

    • Camino Federal Credit Union is headquartered in Montebello, California serving members since 1941
    • Currently $176.66 Million in assets and serves over 13,000 members.

    Membership: Live or work in Southern California.

  • Community Choice CU logo

    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.

  • Combined Employees CU logo

    Combined Employees Credit Union Membership

    • Combined Employees Credit Union is headquartered in Warner Robins, Georgia and has been serving members since 1969.
    • Manages $15.56 Million in assets and serves over 3,000 members.

    Membership: Open to anyone who lives or works in Houston County, Georgia.

  • Cooperative Center FCU logo

    Cooperative Center Federal Credit Union Membership

    • Cooperative Center Federal Credit Union is headquartered in Martinez, California and has been serving members since 1942.
    • Manages $134.82 Million in assets and serves over 8,000 members.

    Membership: If you work for one of the employers, or belong to an association within the Cooperative Center’s field of membership, or have a family member who is currently a member.

  • Fort Community Credit Union logo

    Fort Community Credit Union Membership

    • Fort Community Credit Union is headquartered in Fort Atkinson, Wisconsin, and has been serving members since 1940
    • 25th largest credit union in the state of Wisconsin and manages $357.83 Million in assets serving over 22,000 members.

    Membership: Membership is open to anyone living or working in Dane, Dodge, Jefferson, Rock, Walworth, and Waukesha counties.

  • Go Energy CU logo

    Go Energy Credit Union Membership

    • GoEnergy Financial Credit Union is headquartered in Tucker, Georgia and has been serving members since 1969
    • Currently, manages $144.3 Million in assets and serves over 11,000 members.

    Membership: You’re eligible if you work or live in specific counties in Georgia.

  • Great Meadow Federal Credit Union logo

    Great Meadow Federal Credit Union Membership

    • Great Meadow Federal Credit Union is headquartered in Granville, New York has been serving members since 1956
    • Currently, manages $62.39 million in assets and serves over 7,000 members.

    Membership: Anyone who lives, works (or regularly conducts business in), worships, or attends school in businesses and other legal entities located in specific counties in NY and VT.

  • Jeanne D'arc CU logo

    Jeanne D’Arc Credit Union Membership

    • Jeanne D’Arc Credit Union is headquartered in Lowell, Massachusetts has been serving members since 1911.
    • 6th largest credit union in the state of Massachusetts, managing $2.1 Billion in assets and serving over 100,000 members.

    Membership: Everyone who lives, works, or attends school in designated Massachusetts and New Hampshire counties.

  • Lookout Credit Union Membership

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    • Lookout Credit Union is headquartered in Pocatello, Idaho, serving members since 1952.
    • 9th largest credit union in the state of Idaho, manages $335.82 Million in assets and serves over 28,000 members.

    Membership: Open to everyone who works with partner employers or is a member of specific associations and groups.

  • Lake Trust Credit Union Membership

    • Lake Trust Credit Union is headquartered in Brighton, Michigan and has been serving members since 1944.
    • 8th largest credit union in the state of Michigan, managing $2.58 Billion in assets, serving over 178,000 members.

    Membership: Live, work, worship, or attend school in Michigan.

  • Rutgers FCU logo

    Rutgers Federal Credit Union Membership

    • Rutgers Federal Credit Union is headquartered in Piscataway, New Jersey and has been serving members since 1954,
    • Manages $89.68 Million in assets and serves over 7,000 members.

    Membership: Open to faculty, staff, students, and alumni of Rutgers University.

  • Midwest Community FCU logo

    Midwest Community Federal Credit Union Membership

    • Midwest Community Federal Credit Union is headquartered in Defiance, Ohio and has been serving members since 1954
    • Manages $233.7 Million in assets and serves over 14,000 members.

    Membership: You are eligible if you live, work, worship, or go to school in Defiance, Henry, Fulton, Paulding, Williams, and the northern two-thirds of Putnam County in Ohio.

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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