Millennial Money: Credit unions add flex to your finances

Associated Press, August 6, 2019

An underused money tool that could help a new generation of adults on their path to prosperity isn’t a smartphone app, a virtual currency or a digital payment system.

It’s an old-timey credit union.

Credit unions , if you’re unfamiliar, are like nonprofit banks. They may not satisfy all your money-management needs, but you’re missing out if you’re ignoring credit unions, which have great interest rates on auto loans, consumer-friendly checking and savings accounts, and low ongoing credit card rates.

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