That's the problem with a local credit union. If your LOCAL credit union isn't good, then you can't have a good LOCAL credit union The only way I could get a better one is to move again, and that seems like a lot of hassle for very little upside.JMacDonald wrote: ↑Sat Feb 17, 2018 7:50 pmYou need to get a better credit union. I have been with my credit union for 40 years, and it meets all my needs. I rarely have to visit a branch as I do everything online. Here are the ATMs I can use: https://www.co-opfs.org/Shared-Branches-ATMs. As for all those items you mentioned, my financial life is simple. My money is deposited online and withdrawn online. I can transfer money from and to Vanguard online. I never pay any fees.ThriftyPhD wrote: ↑Thu Feb 15, 2018 12:37 pmDepends on your local credit union. Most credit unions have non existent or terrible online systems. If these are valuable to you, this can be a deal breaker. BofA and other big national banks generally have good websites/apps/systems for things like bill pay, wire transfers, account transfers, mobile deposit, etc. Does your local credit union let you insert a stack of checks to deposit in the ATM, auto scan for amounts, and immediately deposit, or do you need to use a deposit slip and an envelope and a worker might get to it tomorrow? Many of the ATMs my local credit union put out didn't even accept deposits...
If your local credit union doesn't reimburse 3rd party ATM fees (mine doesn't), then using it outside of your hometown is costly. BofA has ATMs in many states. If you work more than a couple miles from where you live, your local credit union isn't very local to one of those locations. If BofA or another big bank has a branch in your hometown and worktown, this is a big bonus. If your spouse works in a different town than you, does the credit union have a branch there as well?
Now, if your local credit union has a killer online system, refunds all 3rd party ATM fees, allows things like mobile deposits, and is local to both home and work, then the credit union is an attractive option.
I've lived in 8 towns in 4 states over the last 20 years. I've had credit union accounts with several, and a few I still have open (in the process of closing). None refund 3rd party ATM, all have terrible online, only one allows mobile deposits and to do that requires jumping through a lot of hoops which is impossible now that I'm no longer there in person.
All I need is a place to deposit my paycheck, pay my bills online, pull cash out of an ATM, deposit cash and checks either at ATM or using mobile, and then transfer remaining cash to a more appropriate location (brokerage or online savings with decent rates). A big national bank fills this roll better than any CU ever could, so that's the upside of a big bank over my local CU, for me.