What is a Credit Union?
C.U. are financial cooperatives that offer services similar to traditional banks but with distinctive differences. Unlike banks, C.U. are owned by their members, who have equal voting rights regardless of their financial stake. This member-focused approach often leads to better interest rates on savings and loans, as well as personalized customer service. While banks aim for profit, C.U. prioritize community and member well-being.

Member Ownership and Structure
In the world of finance, C.U. stand out for their unique member-owned structure. Unlike traditional banks, where profits often prioritize shareholders, C.U. prioritize their members. Each member holds an equal say, fostering a sense of ownership and community. This "one member, one vote" approach guides decision-making, ensuring that the interests of the members themselves remain at the heart of the institution.
Common Services Offered by C.U.
C.U. provide a range of services to meet their members' financial needs. These services include savings accounts with competitive interest rates, making it easier to grow funds over time. C.U. also offer various loan options, such as personal loans and auto loans, often with favorable terms and lower interest rates than traditional banks. Additionally, they provide credit and debit cards, online banking, and mobile apps for convenient account management. The personalized customer service and community-focused approach make C.U. a popular choice for those seeking a more member-centric financial experience.