Amy McGraw, Vice President of Tropical Financial Credit Union, recently shared valuable insights on the benefits of credit unions and addressed common misconceptions during her visit to Inside South Florida.
Dispelling a prevalent misconception, McGraw stated, “I think the biggest misconception is that they don't think that they can get all the different financial products and services that they can get at a big bank, or that we don't have the same technology. And we do. You can deposit your checks with your phone and pretty much anything you can do at a big bank. You can do it at a credit union, but at a much lower cost.”
Credit unions, while offering the same array of financial products and services as banks, distinguish themselves through their not-for-profit status. McGraw highlighted this advantage, explaining how it translates to lower costs and better rates for members.
For those seeking a reliable financial partner, Tropical Financial Credit Union stands out as a testament to the benefits of credit unions. To explore these advantages and learn more about the services offered, visit TropicalFCU.com.
This Inside South Florida segment is paid for by Tropical Financial Credit Union.