Raleigh, NC (PRWEB) July 12, 2012
The North Carolina Consumers Council (NCCC), a nonprofit consumer education and advocacy organization that has been representing North Carolina consumers and their interests since 1968, is excited to welcome Premier Federal Credit Union to the NCCC family.
This new affiliation will give NCCC members the ability to apply for accounts at Premier Federal Credit Union (PFCU). PFCU joins Coastal Federal Credit Union and Members Credit Union, who also offer NCCC members full credit union services.
“NCCC has long believed that credit unions are a far better option for consumers compared to traditional banks,” said NCCC President Sandra Bullock. “Credit unions usually offer significantly lower fees, better interest rates on loans and better interest rates on checking and savings accounts. We will always recommend that consumers consider joining any credit union over a bank.”
Bullock says that the new affiliation with Premier Federal Credit Union will also allow NCCC to further broaden its reach, strengthening its ability to educate and assist consumers across the state by working together with PFCU on matters of interest to consumers.
“Credit unions truly are better for the consumer,” continued Bullock. “There’s the accountability factor that many consumers are looking for after the latest round of bank fiascos. You’re unlikely to see a car loan over 5% interest, for example, compared to up to 40% at a bank since there’s a good chance of running into the credit union executives at the supermarket, a child’s sporting event, or at the park. They’re not in the business of making their next-door neighbors angry!”
Credit unions are member-owned non-profit cooperatives. So unlike for-profit banks, any money a credit union makes goes back into the credit union in the form of lower fees and better rates.
NCCC members can apply for membership at Premier Federal Credit Union, Coastal Federal Credit Union, or Members Credit Union at any time. For anyone needing eligibility, the North Carolina Consumers Council can give you that eligibility instantly. Join online at http://www.ncconsumer.org/join.html or contact any NCCC affiliated credit union statewide for more information on your options.
Founded in 1968, the North Carolina Consumers Council (NCCC) is a nonprofit consumer advocacy organization promoting consumer education, consumer awareness and consumer protection in North Carolina and beyond. To find out more, visit http://www.NCconsumer.org.