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May 11, 2018

How to find the right financial institution

Banking/Personal Finance, Financial Literacy

woman and man holding tablet smiling for cameraWhen it’s time to choose where to bank, it’s important to understand the products and services offered, the nearest branch location, digital banking options and what resources the bank or credit union has for customers. Make sure you’re aware of all the fine print and look into charges and fees before you sign up for an account. Mission Fed offers detailed information about their Checking and Savings Accounts online, so you can do your research from the comfort of your own home—or mobile device! It’s also beneficial to find out what free services, like workshops and online tools, are available to help you bank smart and keep your finances on track.

As you research different banks and credit unions, start by identifying accounts that don’t charge monthly maintenance fees, like Mission Fed’s free Checking with eStatements. This Checking Account only requires an initial deposit of $25 and you have access 24/7 to the account with Mobile and Online Banking and 30,000 fee-free CO-OP ATMs nationwide. Plus, Mission Fed only serves San Diego County, so we’re committed to delivering customers knowledgeable service. We’re also an active leader in the local community and we enjoy helping you succeed financially.

Our credit union Savings Accounts earn dividends and are a great way to start investing in yourself. Check out Mission Fed’s dividend rates now! Ensure you have access to your savings account when you need it, allowing you to transfer money in and out when necessary. Certain types of Savings Account transfers are limited per month by Federal regulation, though, so use them wisely. Whatever credit union or bank you choose, make sure it’s federally insured by the NCUA or FDIC to protect your money.

At Mission Federal Credit Union, we put people before profit. We offer personalized customer service to help you choose the right accounts for your needs. We can help you choose the best Checking Account for your needs, and help you decide which types of Savings Accounts will help you save for your goals. We also offer credit union Business Checking accounts designed to meet your daily transaction needs. Our profits are reinvested to offer low or no fee banking and great rates on your Savings Accounts and loans. Online Banking at Mission Fed is easy to use, helping you stay organized and save money. Stop by any Mission Fed Branch, apply for accounts and loans online or call our Contact Center at 800.500.6328 to discover how we can help you succeed, too.

The content provided in this blog consists of the opinions and ideas of the author alone and should be used for informational purposes only. Mission Federal Credit Union disclaims any liability for decisions you make based on the information provided. References to any specific commercial products, processes, or services, or the use of any trade, firm, or corporation name in this article by Mission Federal Credit Union is for the information and convenience of its readers and does not constitute endorsement, control or warranty by Mission Federal Credit Union.

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