Credit Unions are just like banks – only better! Credit Unions offer checking accounts, savings accounts, money market accounts, credit cards, home loans, auto loans, investment services – all the financial products and services that banks offer. One of a bank’s goals is to earn a profit, which benefits the bank’s owners – the stockholders. Credit Unions offer a better deal. When you join a Credit Union, you become a part owner. Your Credit Union is a cooperative, a not-for-profit business. That means your Credit Union returns any earnings to its owners – the members, like you! Here’s how you benefit:
Better rates. Credit Unions pass on the savings by paying higher dividends on savings accounts and charging lower interest rates on loans.
Lower fees. Credit Unions make every effort to keep fees as low as possible, just to cover their costs. At Credit Unions, you’ll find little or no ATM fees and lower service charges on checking accounts.
Extra attention. Credit Unions watch out for their members and often share ideas on how to manage money.
Why Use a Credit Union?
We are local and a part of your community
As a member, you are also a part-owner
Your deposits are federally-protected
Profits go back to members in the form of lower loan rate and higher savings earnings
