It’s essential to live in the moment, but that doesn’t mean that you should forget about your future. As such, you should be prepared for whatever is to come so that you’ll be protected from any event or unexpected situation that could happen. For a secure and guaranteed future, you shouldn’t forget to have savings!
Saving Can Save Your Life
Saving money isn’t just about fattening up your wallet—to have enough in your account is crucial to achieving financial stability and freedom. With enough funds, you can pay for large purchases, reduce your financial stress and eventually, become debt-free!
Having enough savings opens many doors of opportunity—you don’t have to be stuck in a job you hate because you have a financial safety net when you quit. You also don’t have to constantly feel anxious and scared for the future because you know that you’re financially secure.
To put it simply, having enough savings leads to having a better and happier life!
But, before you go to the bank and deposit your money, maybe stop and think twice first. When it comes to saving, putting your funds in a bank account is often the default choice, but are you sure about that?
Is a Bank the Right Place To Go?
Most people create a savings account in banks because they are deemed a trustworthy and secure place to store money.
However, with the recent events in the financial markets and the closing down of various financial institutions, which are reminiscent of the 2008 crash, it seems like the bank crisis is looming large on the horizon. It helps to think twice before running to the bank to save and transfer your precious money.
Why You Should Open a Credit Union Account
If you aren’t comfortable saving your money in a bank, you should consider opening a savings account in a credit union instead! Like a bank, you can save and withdraw your money and enjoy traditional banking services.
If you’re still thinking of opening a credit union account, the reasons below will definitely convince you to go to a Buffalo credit union today!
- It’s All About Growing the Community
Unlike banks, which are considered financial institutions, credit unions are financial cooperatives that aim to address a common need. Instead of helping the shareholders make money, credit unions focus on the needs of consumers.
- They’re More Than Just Banking
Credit unions are more than just traditional banking services. Other credit unions also offer different products and services to enrich the community and help those who need more than just saving money.
We at Good Neighbors Credit Union are always looking out for our members! Our credit union has various resources for financial management and other concerns to help you with your financial situation.
- You’ll Always Be Put First
Since credit unions have no shareholders, they work to please their members. So when you open an account with a Buffalo credit union, you’re sure to experience excellent customer service and have customer-friendly policies.
These days, it matters where you put your money. So if you’re looking for a trustworthy place to set aside your finances, then the credit union is your answer! As long as you open an account with an established credit union, you’re sure to reach your financial goals in no time!
Are you thinking of opening a savings account in Buffalo NY but aren’t comfortable with banks? Then, why not store your money at Good Neighbors Credit Union? Whatever your dreams and goals are, we offer a variety of great savings options to help you get there. Become a member today!