Mal ,'Our Mrs. Reynolds'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
The chemistry element of baking is completely beyond me.
Maybe if my professors had used more food examples, I would have done better at chemistry.
I'm trying to ignore the upsetting rent/mortgage discussion
Sorry! I didn't mean to kick off anything upsetting, although in hindsight: duh.
Can they merge and still be a credit union?
I think not. Which means our credit union will have to either join with another or move. The company is kicking them out of the choice spot in DH's office building downtown, in favor of the new bank.
It will no longer be convenient for DH to do things like apply for a loan via his intranet at work, etc. I have no idea how the convenience of our banking will change or whether we'll stay with the changed CU or give in and switch to the new bank. Or find an entirely new bank. A lot will depend on what services they offer and what their fees are.
But the fact that we're going to have to research all of this and possibly make changes pisses me off a little bit.
AND, don't you get a tax deduction on the payments? So the net cost to you is actually less than the check you write?
jesse made me feel better. I forgot that part. we are some where in the 45% of net ( BTW, most places are talking about 1/4 to 1/3 of gross income - which seems strange to me)
In other news, I announced that I was eating my last piece of candy for the day, and my officemate said, "Just so you know, I will not be enforcing that." Hee.
I thought that there were strict rules about what you could and couldn't do, and that's why some entities were credit unions and some were banks.
Short, short, short answer -- credit unions have to be open only to members sharing a "common bond." For example, employees of one company, or residents of one city. (The rules on what's a "common bond" have changed over the years, and I'm not sure what the exact rules are these days. But that's the basic idea.)
Anyone can be a customer of a bank.
(The rules on what's a "common bond" have changed over the years, and I'm not sure what the exact rules are these days. But that's the basic idea.)
I got into the Navy Federal Credit Union, despite never having been in the Navy, by dint of having a close relative who had been in the Navy -- 20 years previously. Right now, as a member of same credit union, I could invite my two flatmates in, despite none of us ever having been in the Navy. Just the fact they live with a member makes them eligible.
Yeah, my quarterly newsletter is completely incomprehensible to me, except inasmuch as it makes me grateful I'm not trying to support a family on what a petty officer makes.
Nutty, that's why I said "the basic idea" and "short, short answer."
Trust me, you don't want me to start talking about bank regulation on any other basis. There isn't enough aspirin in the world.
Yeah, my quarterly newsletter is completely incomprehensible to me, except inasmuch as it makes me grateful I'm not trying to support a family on what a petty officer makes.
I get that with my USAA car insurance.
Trust me, you don't want me to start talking about bank regulation on any other basis.
Oh, I figured. I was using my example to illustrate how fuzzy (not fizzy, as I'd first typed) the "common bond" really is.
But I'll take all the fuzzy common bonds in the world, for a really good car loan rate!