WASHINGTON — Credit unions were the topic of personal finance writer Sandra Block's column in USA Today last week where she reminded consumers of the good savings rates and security that credit unions can offer.
Block urged consumers to consider credit union rates on CDs, which are often higher than bank CDs. She said that several credit unions are offering 4% or higher on one-year share certificates, according to Bankrate.com.
Block also reminded consumers who are uncertain about the current economy that most credit unions are federally insured and others have private insurance.
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