Moderator: 3ne2nr Mods
Then you take your business elsewhere genius.hover11 wrote:Bad customer service in the private sector, simply unheard of lol.Musical Doc wrote:INDAVID WORKSHOP wrote:Have been a Venture members since 1986 and never complained about service or dividend payments
Venture credit union customer service has gotten worse over the years. Trying to call and get through to speak to someone is a real pain. Their dividend payout has decreased over the years as well but that is expected with the state of the economy. The benefits is no legal fees for car loans, interest rebate on loans and their interest rate on loans tend to be slightly lower than the banks
I thought the idea we were going with is public service stinks and private sector service is always excellent, didn't know the status quo changed my badtimelapse wrote:Then you take your business elsewhere genius.hover11 wrote:Bad customer service in the private sector, simply unheard of lol.Musical Doc wrote:INDAVID WORKSHOP wrote:Have been a Venture members since 1986 and never complained about service or dividend payments
Venture credit union customer service has gotten worse over the years. Trying to call and get through to speak to someone is a real pain. Their dividend payout has decreased over the years as well but that is expected with the state of the economy. The benefits is no legal fees for car loans, interest rebate on loans and their interest rate on loans tend to be slightly lower than the banks
Can you take your public service business elsewhere?
Private sector your service/product or both has to be good for customers to return, because there are alternatives.What's the alternative to sheit service in the public sector? Move to another country?Think first before trying to look smart nah man.hover11 wrote:I thought the idea we were going with is public service stinks and private sector service is always excellent, didn't know the status quo changed my badtimelapse wrote:Then you take your business elsewhere genius.hover11 wrote:Bad customer service in the private sector, simply unheard of lol.Musical Doc wrote:INDAVID WORKSHOP wrote:Have been a Venture members since 1986 and never complained about service or dividend payments
Venture credit union customer service has gotten worse over the years. Trying to call and get through to speak to someone is a real pain. Their dividend payout has decreased over the years as well but that is expected with the state of the economy. The benefits is no legal fees for car loans, interest rebate on loans and their interest rate on loans tend to be slightly lower than the banks
Can you take your public service business elsewhere?
The same reason , the "pastor" had all the money homeMmoney607 wrote:If you want the services of a bank, use a bank and pay the fees. This is just like people who want the central bank to take their old hundreds. What the ass you was doing with all them hundreds in your house??
You can save liquid cash in credit unions.Some have regular accounts that you can access like a regular bank account via ATM cards and over the counter.The interest rates on it might be crap,but thats the same everywhere.death365 wrote:credit unions are saving via shares, not liquid cash. you can use the values of ur shares as collateral for a loan - usually up to 3x the amount of shares.
It is not a current (liquid) account .
sorry I didn't answer the question, any specialized credit union will get better returns eg teachers, pscu, police Tecu etc
Unlike a bank, some of the profits made from your all loans comes back to you.Dave wrote:That was commendable but also consider that it takes two hands to clap right.
Getting mortgages to finance is good business for lending agencies.
Credit Union I deal with is reality.You should attend an AGM for a credit Union if you are a member.Dave wrote:Very correct.
Theory and reality?
timelapse wrote:Credit Union I deal with is reality.You should attend an AGM for a credit Union if you are a member.Dave wrote:Very correct.
Theory and reality?
timelapse wrote:Unlike a bank, some of the profits made from your all loans comes back to you.Dave wrote:That was commendable but also consider that it takes two hands to clap right.
Getting mortgages to finance is good business for lending agencies.
Here's the take home.
Credit Union: YOU are a shareholder, and thus an owner of the credit union and entitled to a lot more benefits.
Bank: Owned by someone else, and you entitled to whatever they throw at you.
1% 'banks' are stock portfolios.RedVEVO wrote:timelapse wrote:Unlike a bank, some of the profits made from your all loans comes back to you.Dave wrote:That was commendable but also consider that it takes two hands to clap right.
Getting mortgages to finance is good business for lending agencies.
Here's the take home.
Credit Union: YOU are a shareholder, and thus an owner of the credit union and entitled to a lot more benefits.
Bank: Owned by someone else, and you entitled to whatever they throw at you.
100% correct !
Credit Unions also may have group health plans and investments that the average T&T man will welcome.
Credit Unions (CU) are NOT for the 1% since CUs are in reality a poor man's "bank."
kadet100 wrote:Hands down I have to endorse Venture Credit Union with special mention to the South Branch. I recently applied for a mortgage there and the staff literally worked over time on the day I HAD to get the pre-approval to sign the sale agreement or lose out to a last minute cash buyer. Yes they have limitations with regards to the ease of day to day transaction but when a branch manager can call a nobody like me at 5:17 pm to say "It was a bit of a rush and I hope not to late but you are approved. I can verbally confirm that you are approved." I am now a lifelong customer and more than happy to leave this recommendation!
Tbey pay dividends, what I get on shares compared to what I used to get in the bank is significantly differentAlphaMan wrote:Credit Unions dont really pay much in interest.
AlphaMan wrote:Credit Unions dont really pay much in interest.
matix wrote:AlphaMan wrote:Credit Unions dont really pay much in interest.
They pay dividends, best was 8%-10% some years ago.
bluefete wrote:
The dividend rate varies according to the surplus / profit made but averages around 4%
viedcht wrote:bluefete wrote:
The dividend rate varies according to the surplus / profit made but averages around 4%
Wot so I can earn about 4% on my shares/savings?
wingnut wrote:which CU giving 4%?
last dividends i got was closer to 2%