Matt and I have these joint bills, and some wedding money to think about. Wells Fargo has been wildly better designed than PNC, but both are as attached to my client-hood as Ron Paul to his Republican party card. The pros of Credit Unions seem to be:
- Better customer service,
- Many reimburse ATM fees from other banks,
- Higher interest rates for checking.
They seem to be a bit of a social justice-y approach to banking. In half-an-hour of research, I’ve found the following cons:
- Cruddy websites,
- Inconsistent information on current interest rates,
- Lack of mobile banking.
I’m still deciding, but would love your input.
“and you may know how little God thinks of money by observing on what bad and contemptible characters he often bestows it.”– Thomas Guthrie (though I much prefer the commonly misattributed Dorothy Parker/Anne Lamott quote “If you want to know what the Lord God thinks of money, just look at those to whom he gives it.”)