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  • Connect Credit Union Membership

    • Connect Credit Union is headquartered in Fort Lauderdale, Florida and has been serving members since 1909.
    • Manages $97.69 Million in assets and serves over 6,000 members.

    Membership: Persons who live or work in the designated Florida counties and immediate families of current members.

  • Community South Credit Union Membership

    • Community South Credit Union is headquartered in Chipley, Florida and has served members since 1991.
    • Manages $228.78 Million in assets and serves over 14,000 members.

    Membership: Individuals and their relatives residing or working in specific Florida counties.

  • Community Credit Union of Florida Membership

    • Community Credit Union Florida is headquartered in Rockledge, Florida and has served members since 1953.
    • Manages $1.22 Billion in assets and serves over 56,000 members.

    Membership: If you live, work, worship, attend school, or conduct business in Brevard, Indian River, Orange, Osceola, Polk, or Volusia counties in Florida.

  • Brightstar Credit Union Membership

    • BrightStar Credit Union is headquartered in Sunrise, Florida and has served members since 1946.
    • Manages $806.05 Million in assets and serves over 60,000 members.

    Membership: Live, work, or attend school in specific Florida counties.

  • Blue Coast Federal Credit Union Membership

    • Blue Coast Federal Credit Union is headquartered in Perry, Florida and has served members since 1956.
    • Manages $139.53 Million in assets and serves over 11,000 members.

    Membership: Anyone who lives, works, worships, or attends school in specific Florida counties.

  • Prospera Credit Union Membership

    • Prospera Credit Union is headquartered in Appleton, Wisconsin and has served members since 1934.
    • 24th largest credit union in Wisconsin, managing $376.89 Million in assets and serving over 23,000 members.

    Membership: Living and working in designated counties in Wisconsin.

  • PCM Credit Union Membership

    • PCM Credit Union is headquartered in Green Bay, Wisconsin and has served members since 1958.
    • 22nd largest credit union in Wisconsin, managing $448.97 Million in assets and serving over 14,000 members.

    Membership: You must live, work, or be part of a Select Employee Group (SEG) in the Wisconsin counties of Brown, Door, Kewaunee, Marinette, Oconto, and Shawano.

     

  • 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.
  • Co-op Credit Union Membership

    • Co-Op Credit Union is headquartered in Black River Falls, Wisconsin and has served members since 1938.
    • 21st largest credit union in the state of Wisconsin, managing $521.73 Million in assets and serving over 22,000 members.

    Membership: Persons residing, employed, or owning property in the designated counties in Wisconsin.

  • Kohler Credit Union Membership

    • Kohler Credit Union is headquartered in Sheboygan, Wisconsin and has served members since 1938.
    • 20th largest credit union in Wisconsin, managing $609.65 Million in assets and serving over 43,000 members.

    Membership: Lives or works in designated Wisconsin counties.

  • Simplicity Credit Union Membership

    • Simplicity Credit Union is headquartered in Marshfield, Wisconsin and has served members since 1949.
    • 23rd largest credit union in Wisconsin, managing $446.7 Million in assets and serving over 27,000 members.

    Membership: Anyone living or working in designated Wisconsin counties.

  • Superior Choice Credit Union Membership

    • Superior Choice Credit Union is headquartered in Superior, Wisconsin and has served members since 1932.
    • 18th largest credit union in Wisconsin, manages $796.71 Million in assets and serves over 44,000 members.

    Membership: Live or work in specific counties in Wisconsin and Minnesota.

  • Blackhawk Community Credit Union Membership

    • Blackhawk Community Credit Union is headquartered in Janesville, Wisconsin and has been serving members since 1965
    • Manages $797.36 Million in assets and serves over 45,000 members.

    Membership: Live or work in designated Wisconsin and Illinois counties.

  • Thrivent Federal Credit Union Membership

    • Thrivent Federal Credit Union is headquartered in Appleton, Wisconsin and has served members since 2012.
    • 16th largest credit union in Wisconsin, managing $836.14 Million in assets and serving over 55,000 members.

    Membership: Any Thrivent client with associate or benefit membership (whether an individual, business, or organization) is eligible.

  • WestBy Coop Credit Union (WCCU) Membership

    • WCCU is headquartered in Westby, Wisconsin and has served members since 1939.
    • 15th largest credit union in Wisconsin, managing $890.49 Million in assets and serving over 41,000 members.

    Membership: Live, work, and attend school, own real estate in designated Wisconsin counties.

  • 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.

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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