My credit union is the second largest credit union in the country. If it were a bank, it would be the 5th largest bank in the country, very close in value to Wells Fargo, behind only BoA, Chase, Citi, and Wells Fargo. (Edit: Uh, nevermind. It's not clear from that data, but I was off by a factor of 1000. Still, it's pretty big.)

Bank Data
Credit Union Data

Like I said, they charge 50¢. Sadly, their total income from fees is still just over $50M, but that's less than $33 a year per member, and they charge a $1 per month fee for their (interest-bearing) checking account, so call it $21 in fees per member per year.

They're also very friendly, very helpful, don't sell off their mortgages at all, etc. I also think they don't do much, if any, speculative investing. It's the best financial institution I've ever done business with. I wonder why other banks don't follow their lead.


Edited by wfaulk (14/09/2009 23:37)
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Bitt Faulk