Money Talks E2: Choosing A Financial Home

In Episode 2 of “Money Talks,” Lila talks about choosing a bank or credit union as a long-term partner for your financial needs—not just a place to hold an account or two. Your financial home is where you have your most frequently used accounts … to deposit your income and pay your bills. How do you decide which is best for you?

Important takeaways

  • Consider the security of a financial institution. Is it federally insured?
  • Consider your specific needs and decide which financial institution meets them.
  • List what you think is most important for you in a financial home.

There are differences between banks and credit unions. Compare and contrast the two to decide what’s best for you.

Previous Video

All Videos

Next Video

Keep Going

Signs with the numbers one, two, three on them.

Switching From Your Bank As Easy as 1 … 2 … 3 … 4

Switching from your current bank to SELCO Community Credit Union is surprisingly easy and can often be completed in just minutes.

Man With Glasses Using Computer.

5 Things You Probably Have Wrong About Credit Unions

When it comes to checking and savings accounts, most people head to large financial institutions. But what you may not know is credit unions provide the same services as banks.

People with arms around each other

What Does It Mean to Be a SELCO Member?

Whatever “a good life” means to you, we’re committed to helping you get there. At SELCO, you have a true advocate and partner ready to help you set and reach your financial goals.

Older woman shakes the hand of another woman across the table.

One-Stop Financial Shopping

SELCO is a financial hub where you can see your full financial picture and have experts from across multiple departments help you reach all your goals.