[Michlib-l] Library banking question

Kat Boyer librarykat.15 at gmail.com
Thu Sep 10 10:03:53 EDT 2015


Hi all,

My library board would like me to find out about banking with a credit
union vs a bank in terms of earning interest on the library's money.  They
are wondering if a credit union can give the library interest on bank
accounts which it appears our regular bank can not.  Does anyone have any
experience with this or information I can pass along to them?

Thank you
Kat Boyer
Interim Director
Benton Harbor Public Library
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