Bank fee frustration - why do we persist with them?

With the increase in fees and charges being charged by the big banks and even building societies - why is that more people don%26#039;t take advantage of credit unions with their community minded and low fee culture? Is it a matter of a lack of understanding or lack of confidence in the security of the product?

Bank fee frustration - why do we persist with them?

i think it has to do with the ease and convenience of having an ANZ, CBA, NAB, or Westpac ATM on location when out and about. It%26#039;s a little harder to find the service you want at an impulsive moment when dealing with the smaller financial institutions.

I was trying to keep the money under my bed but i was having trouble with the big lump on one side, it was making me roll over and ending up on top of the misses, she thinks i was trying to get a bit in the middle of the night...... damn its tough having all that money........

Bank fee frustration - why do we persist with them?

There aren%26#039;t enough of credit unions in proximity to people and the general have a loss of access to anything but big conglomerate banks. Plus the general public prefers to walk thru life with blinders on

Bank fee frustration - why do we persist with them?

It%26#039;s complacency and ignorance. People just don%26#039;t want to make that effort to find out what the CUs have to offer. Besides, they probably think the CUs don%26#039;t offer the same services that the big banx offer (ATMS all over town) and all that jazz.

my people perish because of ignorance. That%26#039;s what%26#039;s in the bible.