Credit unions are not generally notorious for excessive charges. SOME banks are.
Begin early to learn habits of a thrifty consumer and take the time to compare the rates for banks and CU in your area.
Comparison shopping is a good skill to develop and continue for MANY things. You’ll be amazed at the differences in fees from one bank to another. Either call or go in person from one place to another and gather the basic info. THEN make your decision.
After all, it’s your money and you hold the reins in any transaction.
My guess is that the credit union(s) offer the best deal. But compare, compare, compare BEFORE you decide. It’s time and effort well spent both now and continually throughout your life.
The ONLY reason I didn’t swap my account to a different institution when I moved several states away is because my acct. has NO regular monthly charge and stock checks are free of charge.
Even tho they have no branches here, it’s worth it to me to figure out how to deal with things long distance.
But that’s pretty uncommon in this day and age.
John Pennington is correct. Credit Unions are smaller, friendlier, and keep the lid on excessive charges.
So, stretch your wings, little consumer. Practice becoming an alert, efficient consumer for a lifetime. You’ll be glad you took the time to get it right the first time around :)