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  • Caro Federal Credit Union

    Caro Federal Credit Union Membership

    • Caro Federal Credit Union is headquartered in Columbia, South Carolina and has been serving members since 1967.
    • 22nd largest credit union in South Carolina, managing $123.13 Million in assets and serving over 8,000 members.

    Membership: Eligibility is simple. Apply to open a savings account to establish shareholder membership.

  • Casebine Community Credit Union

    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.

  • Cash App / Send, Spend and Save Money

    Brand:Cash App
    • Send and receive payments using money in their Cash App account
    • Link a credit or debit card for additional payment options
    • Available for free on Android and iOS, or via any web browser at Cash.me
    • Add money to the Cash App account and use the funds to pay others
    • Get a free Cash Card Visa debit card for online and in-store payments
  • CBC FCU

    CBC FCU Membership

    • CBC Federal Credit Union is headquartered in Oxnard, California and has served members since 1952.
    • Manages $834.33 Million in assets and serves over 28,000 members.

    Membership: Anyone who worked, lived, attended school, or worshiped in Ventura County.

  • Census Federal Credit Union

    Census Federal Credit Union Membership

    • Census Federal Credit Union headquarters is in Washington, Washington, D.C. has been serving members since 1948.
    • Manages over $50.87 million in assets and serves over 2,000 members.

    Membership: Work for a select employer group partnered with the credit union.

  • Central Wisconsin Credit Union

    Central Wisconsin Credit Union Membership

    • Central Wisconsin Credit Union is headquartered in Plover, Wisconsin has been serving members since 1948.
    • Manages $51,297,310 in assets and serves 3,751 members.

    Membership: Meet the requirements set forth by the credit union.

  • Chevron FCU logo

    Chevron Federal Credit Union Membership

    • Chevron Federal Credit Union is a member-owned financial cooperative providing financial banking services.
    • It’s the 12th largest credit union in California, with assets totaling $4.02 Billion and serving more than 116,000 members.

    Membership: A current or past employee of a qualifying employer, related to a member, an eligible family, or a household member.

  • Chime / No Fee Checking Account and Get Paid 2 Days Early

    • Chime Banking is a no-fee mobile bank account that offers a Spending Account, a Savings Account, and a Visa debit card.
    • No maintenance fees. No overdraft fees. And no bounced check fees.
    • Cash access to 35,000+ surcharge-free ATMs.
    • Get your paycheck 2 days earlier.
  • Christiansted Federal Credit Union

    Christiansted Federal Credit Union Membership

    • Christiansted Federal Credit Union headquarters is in Christiansted, Virgin Islands, serving members since 1952.
    • Manages over $30.81 Million in assets and serves over 3,000 members.

    Membership: Live or work within the Christiansted District in the US Virgin Islands.

  • Citadel logo

    Citadel Federal Credit Union Membership

    • Citadel Federal Credit Union is a community-based financial institution providing savings, checking, consumer loans, mortgages, credit cards, and more.
    • Pennsylvania’s 4th largest credit union with assets totaling $4.26 Billion and serving more than 216,000 members.

    Membership: Live, work, worship, or study in select Pennsylvania counties.

  • CEFCU logo

    Citizens Equity First Credit Union (CEFCU) Membership

    • Citizens Equity First Credit Union is a member-owned financial cooperative providing banking services, including savings, and loans.
    • The 2nd largest credit union in Illinois with assets totaling $6.79 Billion and serving over 352,000 members.

    Membership: Individuals living or working in certain Illinois and California counties.

  • Clarity Credit Union

    Clarity Credit Union Membership

    • Clarity Credit Union headquarters is in Nampa, Idaho and has been serving members since 1948.
    • Manages $194 million in assets and serves 18,000 members.

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

  • Clearwater Credit Union

    Clearwater Credit Union Membership

    • Clearwater Credit Union is headquartered in Missoula, Montana and has been serving members since 1956.
    • 2nd largest credit union in the state of Montana, managing $999.41 Million in assets and serving over 59,000 members.

    Membership: Live, work, go to school, or worship in the Montana counties served by Clearwater Credit Union.

  • Cloverbelt Credit Union

    Cloverbelt Credit Union Membership

    • Cloverbelt Credit Union is headquartered in Wausau, Wisconsin has been serving members since 1936.
    • Manages $312,946,632 in assets and serves 16,636 members.

    Membership: Lives or works in Marathon, Lincoln, Wood, Portage, Clark, Langlade, Shawano, and Taylor counties in Wisconsin.

  • CO-OP ATMs - Find Credit Union Surcharge-Free ATMs

    CO-OP ATMs / Find Credit Union Surcharge-Free ATMs

    CO-OP ATMs offer members of participating credit unions access to 30,000+ surcharge-free ATMs for cash withdrawals and banking transactions.

  • Co-op Credit Union

    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.

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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