Deciding whether you should opt for the services of a bank or an Oregon credit union can be quite challenging, especially if this is your first time needing the help of a lender. The good news is that with just a little bit of research, you will manage to get all the answers you require so that you can make an informed decision. Truth being told, banks in Portland Oregon are not going to offer you the kind of assistance that you are expecting. In fact, they will prove to be quite disappointing.
Let’s start with your local bank and the kind of help that they were able to offer you until now. Surely, you have noticed a pattern. At first, the consultants that you meet seem to be very polite. They ask what you need and then they convince you to opt for a complete package of financial services, even if you just needed a loan. They will make you pay for all kinds of insurance, open various types of accounts that come with all sorts of fees as well and so on. If you try to confront them, they are no longer polite and tell you that all was written in the contract that they rushed you to sign.
No matter how you look at it, you are the one that has to pay the fees and get used to relying on services that might not meet all of your needs. What you need to understand is that they need to convince as many clients as possible to opt for certain financial services because they are motivated by the level of commission that they can earn at the end of each month. The problem with banks in Portland Oregon is that they operate as a business. They want you to pay as many fees as possible because it is convenient for them.
The good news is that when you rely on an Oregon credit union, the situation is quite the opposite. This kind of lender actually wants to help you if you are a member. One of the most important facts that you need to know about credit unions is that they do not have clients, they have members which are also co-owners of the establishment. At the same time, their consultants do not have to worry about commission because this is not the model that this lender follows. They believe in helping their members and offering them true financial assistance.
This means that when you visit this kind of establishment, you will be welcomed with a smile and will feel confident enough to talk about any questions or issues you might have at the moment. When you are finished, they will ask additional questions to find out which of the services they have would be more suitable for your situation and will present all of them to you, with all the advantages that you could benefit from in each case.
The next step would be to offer you their professional opinion so that you can make the best choice. These consultants are here to guide you so that when you leave the credit union, you have a smile on your face and feel confident that you have done the right thing. You might not be so ready to give up going to the bank because you trust your local provider. But, before you actually make a decision in this case, you should consider visiting both types of lenders. Ask about their options and see if bank consultants try to convince you to get the whole package.
When you deal with both types of consultants, you can see for yourself just how they go about helping their clients or members and if they have a hidden agenda. Surely, you will reach the conclusion that credit unions are more reliable than banks from various points of view. If you have been thinking about contacting such a lender, but do not really know if it would be difficult to benefit from their services, you can just visit the website of your local credit union. Just fill out their contact form with your details and wait for their call!
Resource Box: As you can clearly see, if you would like to ensure you benefit from the right services, it would be best to skip banks in Portland Oregon and go straight to an Oregon credit union. If you have any additional questions, you are more than welcome to visit our website!Social tagging: banks in portland oregon > oregon credit union