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Banking with a credit union can save on fees but there are limitations

  • Credit unions offer similar services to banks but typically have lower fees, according to the Canadian Credit Union Association.
  • Credit unions are popular in Quebec, British Columbia, and Alberta but may have limited branch networks, according to Natasha Macmillan.
  • Some credit unions have eligibility requirements for account opening, as noted by certified financial planner Cindy Marques.
  • Personal preference plays a significant role in whether Canadians choose credit unions over traditional banks, according to Wendy Brookhouse.
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17 Articles

Winnipeg SunWinnipeg Sun
+16 Reposted by 16 other sources
Lean Right

Banking with a credit union can save on fees but there are limitations

By Ritika Dubey

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  • 89% of the sources lean Left
89% Left

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Newmarket Today broke the news in Orillia, Canada on Tuesday, August 26, 2025.
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