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Money Talks E2: Choosing A Financial Home

In Episode 2 of “Money Talks,” Lila talks about choosing a bank or credit union as a long-term partner for your financial needs—not just a place to hold an account or two. Your financial home is where you have your most frequently used accounts … to deposit your income and pay your bills. How do you decide which is best for you?

Important Takeaways

  • Consider the security of a financial institution. Is it federally insured?
  • Consider your specific needs and decide which financial institution meets them.
  • List what you think is most important for you in a financial home.

There are differences between banks and credit unions. Compare and contrast the two to decide what’s best for you.

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