I know the struggle. We were in a similar situation ourselves with our CU and decided to pull the plug. While I love the co-op model, the rates across the board were shit (talking .05% on checking and .45% on savings), and what’s more, the rates they gave us when we were shopping for mortgage loans and car loans were even worse (variable mortgage rate at 7% in 2021, when everyone else was offering 2.5% fixed).
At the end of the day I realized that it wasn’t worth leaving money on the table just to have the warm fuzzies of being with a meh, at best, banking institution. In 2023 all I really want are competitive rates, my funds insured, and easy, secure access to my funds and mobile banking. If you can’t do that, there are dozens of other institutions that can.
Yeah, I’m basically where you are now with my mindset.
This CU helped me out during the pandemic, when I was on the struggle bus, but their rates are virtually unchanged since then. It’s pretty much just that and inertia that’s kept me with them so far.
Time to finally move on to somewhere that actually tries to keep up with the market.