CA$H Maine

Creating Assets, Savings & Hope

Young family enjoying a day in nature, shallow DOF, father and son in focus

Q. Why use a bank or a credit union?

Posted January 7, 2016

We all need to keep our money safe. A bank or credit union will protect your money from being lost or stolen, and all money in insured financial institutions is protected by the U.S. Government. Using a bank or credit union saves you money from pay fees to cash paychecks, pay bills, transfer and borrow money…. Read more

Young family enjoying a day in nature, shallow DOF, father and son in focus

Q. What’s the difference between a bank and a credit union?

Posted January 7, 2016

A. Banks and Credit Unions similar products and services; it is important to choose one that will offer the services that are most important to you. The main difference between them is that a Bank is a company owned by shareholders.  The Bank aims to maximize the profits for shareholders.  A Credit Union is owned… Read more