Credit unions in New Hampshire

Credit union: In the state of New Hampshire, there are 15 headquartered credit unions that operate over 100 active branch offices for their members. Over 726,000 New Hampshire residents are members of credit unions. With a total state population of 1.3 million, that means over half the residents of the state bank with a credit union. The largest credit union in the state is Service Credit Union, which boasts over 286,000 members. This cooperative has been in operation since 1957. Membership is open to anyone living or working in the state, as well as active-duty military. Neighboring parts of Massachusetts also are eligible for membership. 

Like other states, there are membership requirements to join credit unions in New Hampshire. Unlike other states, there are not as many who admit members based on their jobs. Many of New Hampshire’s credit unions are community-based, meaning they are open to members based on their geography.

Car insurance: New Hampshire is one of the only states in the country that does not require car insurance from its drivers. However, should you get into an accident, you are required to pay all expenses for both yourself and the driver you hit. That means you are responsible for purchasing a new car for them and covering their medical bills. Even though it is not a requirement, give yourself the peace of mind that comes with having a policy. Auto insurance for New Hampshire residents is not very expensive. Drivers here will pay about $100 less per year in premiums than the national average.

Check to see what benefits are offered through your credit union. Many offer partnerships with well-known, national insurance companies like MetLife.

Should you purchase a policy, the state does have some requirements. You are required to have a policy that covers bodily injury, uninsured drivers, and coverage to help with medical expenses.