Comment on There is a cheaper alternative to supermarkets, but most people don't know it exists [It's shopping cooperatives]

Deceptichum@quokk.au ⁨3⁩ ⁨months⁩ ago

• Fluid@aussie.zone ⁨3⁩ ⁨months⁩ ago

  Do it. I don’t understand why more people don’t join credit unions / mutual banking. There’s literally no downsides, they have all the same services, protections, minus the fees. It’s a no brainer.

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  • Deceptichum@quokk.au ⁨3⁩ ⁨months⁩ ago

    Recognition I’d say.

    Most people could tell you the names of the Big 4, doubt they know any CUs. Let alone if they even know what they are.

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  • vividspecter@lemm.ee ⁨3⁩ ⁨months⁩ ago

    Fees have almost entirely gone away for most banks these days (at least the ones I’ve used), so I get the inertia. It certainly didn’t make sense when people would stay on the likes of CBA back when they had monthly fees and a savings rate much lower than third party banks and some credit unions.

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