Not sure I would agree with Ccovich re Credit Unions are more flexible etc re loans. Maybe in the past, but banks now competing with them. It will be interesting to see the battle between the banks and the credit unions regarding car loans over the next three months. The advantage with credit unions is their convenience, opening hours etc and the traditional way of paying off small loans weekly. I think their usefulness will drop when SSIA money matures. Fewer people will require loans. On the other hand they are making no effort to introduce new saving products - they simply do not want deposits. Joe1234 is correct - their interest rates are very low. My prediction is soon credit unions will have to diversify and introduce new products.