A credit union is a financial cooperative created to help its members achieve financial well-being. So what does that mean in practical terms?
It means that by joining a credit union you become a member-owner. Unlike banks, which exist to make profits for stock holders, credit unions are not-for-profit organizations; any income generated goes right back to you and other member-owners in the form of lower loan rates, higher savings yields and enhanced services.
When you do business with a credit union, you'll notice a difference: it's in the distinction between being a customer and a member. At a bank, you're a customer - a source of revenue. At a credit union, you're a member - a part of a community that helps each other.
"People Helping People" is the motto at credit unions. Join us today and you'll see the difference.