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  • Casual Articles - Credit Union Benefits: Give Employees a Raise at No Cost to You

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    On one level, the credit union membership as an employee benefit provides direct monetary advantages. Most credit unions offer lower

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    In times of economic uncertainty, it is important to be creative with the benefits offered to employees. One of the best benefits that a company can offer to its employees is a credit union membership. Many credit unions will agree to give memberships to the employees of a certain company. For a company, this is just like offering a raise, but at no cost to the company. It is a valuable employee benefit that is effective on more than one level, as it not only provides financial advantages, but also offers an emotional connection to the company.

    On one level, the credit union membership as an employee benefit provides direct monetary advantages. Most credit unions offer lower

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    On one level, the credit union membership as an employee benefit provides direct monetary advantages. Most credit unions offer lower

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    rtain company. For a company, this is just like offering a raise, but at no cost to the company. It is a valuable employee benefit that is effective on more than one level, as it not only provides financial advantages, but also offers an emotional connection to the company.

    On one level, the credit union membership as an employee benefit provides direct monetary advantages. Most credit unions offer lower

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    effective on more than one level, as it not only provides financial advantages, but also offers an emotional connection to the company.

    On one level, the credit union membership as an employee benefit provides direct monetary advantages. Most credit unions offer lower

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    On one level, the credit union membership as an employee benefit provides direct monetary advantages. Most credit unions offer lower interest rates on loans and higher returns on savings accounts. In this way, it is very like offering a raise to employees. Lower interest rates on mortgages and auto loans means more money in the pocket. Higher annual percentage yields on savings accounts and CDs also puts more money in the employees’ pockets. By providing a way for employees to better put their money to work, companies can offer a way for employees to keep more money, and it really is much like getting a raise.

    There is also an emotional side to using a credit union membe

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