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re: Who do you bank with? (Louisiana)

Posted on 11/16/19 at 11:22 pm to
Posted by Kreg Jennings
Parts Unknown
Member since Aug 2007
3306 posts
Posted on 11/16/19 at 11:22 pm to
A) Always bank local

B) And with an actual bank, not a credit union. You are aware credit unions are “non profit” and pay ZERO taxes, right?
Posted by bubbz
Baton Rouge
Member since Mar 2006
22826 posts
Posted on 11/18/19 at 7:55 pm to
quote:

B) And with an actual bank, not a credit union. You are aware credit unions are “non profit” and pay ZERO taxes, right?


Also not publicly owned. While not paying taxes, credit unions are able to return lower rates on loans, higher rates on cds, and better products/services.
This post was edited on 11/18/19 at 7:56 pm
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