CHICAGO (1/27/15)--Gregory Karp, a Chicago Tribune financial columnist, recently offered simple tasks for consumers to make 2015 more prosperous. Among them: Join a credit union.
As cooperatives, credit unions are among the financial institutions that charge fewer fees and lower loan rates than the megabanks.
"It can be worth the short-term hassle of changing over your accounts," Karp wrote in the Chicago Tribune (Jan. 25).
Among the resources Karp offers readers to find a credit union that is right for them is ASmarterChoice.org.
Karp also suggested setting up a separate credit union account "to squirrel away cash" in an emergency fund.