Jump to main content



About Credit Unions

How are credit unions different from banks?

Like all cooperatives, credit unions are based on the concept of "people helping people." As a credit union member, you have a say in how your credit union is run. You have a vote, and you can participate in annual meetings, help elect the Board of Directors, and serve as a volunteer. Unlike banks and other financial institutions, credit unions return profits to members in the form of higher dividends on savings, lower fees, lower rates on loans, and expanded services.

Return to FAQs