Credit Unions

[Kostya1992]

Hey guys,

Was just wondering if it's a good idea to establish a relationship with a local credit union. I'm in Northern California, anyone have advice where i should open an account and what else to do? Thanks.

[NRB525]

I don't have any suggestions for specific CU, but yes, do.

I opened checking and savings with a local CU, to get started, now have a LOC, may look for a CC, much later an auto loan. The lending rates seem to be better, more transparent than regular banks.

[Kostya1992]

Anyone from Cali have some advice? Can i open an account with a CU that isnt in Cali and is it a bad idea as opposed to local?

[Anonymous]

Redwood Credit Union is very good as is S F Fire. I would lok into those. It's been a while since I've lived there. Good luck with your search and I whole heartedly agree that establishing a relationship with a credit union is a good idea.

[Kostya1992]

I don't live in either Modesto or SF so can't get in with either of those apparently..

SAFE CU and Golden One CU are the only ones around my area that I know

[takeshi74]

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@Kostya1992 wrote:
Hey guys,

Was just wondering if it's a good idea to establish a relationship with a local credit union.

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Credit unions and their offerings aren't all the same so there isn't a generic answer for that question.  It can be a good idea if a credit union has products that would be useful to you.

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@Kostya1992 wrote:
Can i open an account with a CU that isnt in Cali and is it a bad idea as opposed to local?

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Sure you can.  Again, whether or not it's a good or bad idea all depends on whether or not a given credit union has products that would be of use to you.  Credit unions are not a panacea and differ from one another.

[Kostya1992]

Well the reason I'd like to sign up is to establish a relationship and get auto/home loan in the far future. Any advice would be appreciated.