> Another similarity will be the lack of online banking. Many credit unions and small banks lack the scale to support that...
Huh? There are folks who sell the relevant software. My little credit union has had this stuff for years.
Yes, including bill pay and so on. I got it before big banks started advertising similar services.
I haven't seen any mention of by-phone money transfer or check cashing yet, but since I don't have a smart phone, that's may be me.
> See also: ATM access.
Credit unions banded together to solve that problem years ago. Some also pay fees for "out of network" use. (Non-banks like Schwab take that approach.)
Huh? There are folks who sell the relevant software. My little credit union has had this stuff for years.
Yes, including bill pay and so on. I got it before big banks started advertising similar services.
I haven't seen any mention of by-phone money transfer or check cashing yet, but since I don't have a smart phone, that's may be me.
> See also: ATM access.
Credit unions banded together to solve that problem years ago. Some also pay fees for "out of network" use. (Non-banks like Schwab take that approach.)