What is a Credit Union?
Credit unions, like banks, are among the financial institution options consumers can choose from. A credit union is a member owned cooperative and not for profit. Members pool resources creating shared opportunities for lower rates and community development. Credit Unions march to “the credit union philosophy” of members helping members.
Although credit unions can be found across the country and world, they still very much provide a personalized, localized experience to members. If you have questions, you can call and speak to a financial professional or stop in for a quick meeting. You’ll get timely communication about your accounts and feel confident in knowing you are a stakeholder in the business.
You can become a member of your local credit union by opening an account for as little as $5.