Still Seeking a Credit Union That's 'Just Right'
Goldilocks I ain't, but I sympathize with her plight. I've been sampling from several bowls of porridge, so to speak, looking for the one that suits me "just right." The financial institution, that is. I can't say I've found it yet.
The regional bank I once considered my primary financial institution offers the supreme convenience of a branch and ATM right around the corner from my office, but, as I explained in my November column, I've decided I want to put my money with an institution that was founded to serve me and my community.
So Prince Charming-PFI Charming?-remains elusive, if you'll permit me to mix my fairy tales. Or, as it were, my financial services, choosing porridge flavors ? la carte-free online bill pay from Credit Union A, ethical credit card from Credit Union B and useful financial guidance from the Internet.
When my credit card arrives in the mail, I will have a plan for using it responsibly and to my best advantage, but not thanks to anything I read on my credit union's website. Instead, I owe a debt of gratitude to a personal finance website for an informative article that explained what a credit utilization rate is and what percentage I should shoot for to benefit my credit score.