Banks vs. Credit Unions in the 12 Wealthiest US States

In recent articles in the series on credit unions, we have provided an overview of the industry as well as the definition of digital transformation and hallmarks of credit unions that might serve as a barrier to the transformation. However, we cannot fully assess credit unions without comparing them to the other major player in the financial services industry. For that purpose in this article we are going to compare credit unions and banks in the 12 wealthiest states in the U.S.

Both banks and credit unions provide the same variety of services. However, the LTP audience may not know that there is a vast gap between the rates for those services. Often overlooked as a possible provider o ...

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