In the late 1960s, automated teller machines (commonly referred to as ATMs) revolutionized banking by allowing consumers round-the-clock access to their financial accounts. Thirty years later, banks and credit unions made banking even easier by offering the ability to connect to their financial institutions over the Internet with online banking. And here we are again, in 2015, in the midst of another technological turning point in banking: mobile banking. Continue reading Even More Convenient than Online Banking? Hello, Mobile Banking!
Credit unions and banks: Two financial institutions offering similar services with common goals, right?
While banks and credit unions both take deposits and make loans, they have little else in common. Continue reading A Madison Credit Union Is Just Like A Bank, Right?!?!