What is a Credit Union?
A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people. Credit Unions strive to provide credit at competitive rates as well as other financial services.
Credit Unions are different from other financial institutions or banks, as members are the owners. CUs serve people, not profit. Credit unions offer many of the same financial services as banks, but often using a different terminology; common services include share accounts (savings accounts), share draft accounts (checking accounts), credit cards, term share certificates (certificates of deposit), online banking, as well as many others.
Credit Unions are often able to provide more personalized service with higher customer satisfaction. CUs understand and know their members.
Contact us today if you are ready to become a member-owner!