Deciding on the best credit union in Milwaukee means more than finding low fees or a convenient branch. You want an institution that aligns with your financial goals, supports you during challenges, and offers services that keep pace with your life. Brewery Credit Union offers many features to look for. Below are steps and questions to guide your selection.
Understand Membership Eligibility and Community Focus
First, find credit unions that let you join based on where you live, work, or via community associations. Brewery Credit Union lends deposits to members who live or work in Southeastern Wisconsin neighborhoods, ensuring your money helps local growth.
A credit union that focuses on community development often cares more about your success. Brewery CU positions itself as a member-owned financial cooperative where profits go back to members, not external shareholders.
Review Checking and Savings Account Options
Compare the variety of checking accounts offered and what benefits come with each. Brewery CU provides multiple checking plans:
- Fresh Start Checking for people with damaged or limited checking history.
- Freedom Checking waives its fee if you maintain direct deposit and eStatements with a minimum of $100 per direct deposit.
- BaZing Premium Checking offers rewards such as cell phone protection, ID theft aid, roadside assistance, and more.
- BaZing Checking also includes added perks at a lower cost tier.
On the savings side and high-yield accounts, watch how rates compare and what minimum balances apply. Also look for tax-advantaged accounts if you need them.
Compare Loan Products and Their Flexibility
A credit union that offers a broad spectrum of loans gives you options as your needs evolve. Brewery CU offers:
- Auto Loans (new, used, and refinancing)
- Home Equity Loans and Home Equity Line of Credit (HELOCs)
- Mortgage Loans
- Share Secured Loans (secured by your share account or CD) which are helpful for building or repairing credit.
- Unsecured (personal) Loans
- Visa® Credit Card product
- Fast Cash Loan, for small emergency funding up to $700. This loan is offered with fewer barriers compared to long-term credit and is useful when you need cash without collateral.
Also review whether loans allow flexibility in repayments, refinancing, or early payoff.
Explore Digital & Self-Service Tools
You’ll want easy access to your financial accounts. The best credit union in Milwaukee should support you online and on mobile. Brewery CU offers:
- It’s Me 24/7 Online Banking lets you view balances, transfer funds, apply for loans, make payments, and review loan payoff details.
- Mobile Banking & Mobile Deposit (deposit from your phone)
- eAlerts/eNotices so you receive notifications for account activities and updates.
- Online Bill Pay tools allow you to schedule and monitor bill payments from your account.
- Mobile Wallet / Mobile Pay supports using your credit or debit card with Apple Pay, Google Pay, or Samsung Pay.
These tools reduce the need for in-person visits and let you manage your money anytime.
Evaluate Rate Transparency & Loan Payment Logistics
Look at current rates for loans, and how loan payments are handled. Brewery Credit Union publishes detailed rate sheets. For example, home equity loans come in terms of up to 180 months with variable or fixed APRs.
When making loan payments, confirm whether using your routing and account number is free. At Brewery CU, payments made with a routing and account number are free, while credit or debit card payments include a convenience fee that varies by amount.
Assess Fee Structure & Hidden Costs
Be aware of monthly maintenance fees, minimum balances, overdraft fees, and payment penalties. Ensure the checking or savings account you prefer doesn’t carry hidden costs you can’t meet. For example, Brewery CU waives certain checking fees if you have direct deposit or use e-statements.
Final Thoughts: Choosing the Best Credit Union in Milwaukee
The best credit union in Milwaukee for you is one that matches your eligibility, offers relevant products, ensures transparency, and supports you digitally. Brewery Credit Union fills many of these boxes: diverse checking options, flexible loans (including for members with imperfect credit), strong online tools, and clear payment policies.
By comparing membership eligibility, assessing product offerings, checking fees, and testing their digital experience, you can confidently select a credit union that supports your financial journey.
