Top Reasons to Choose a Credit Union
Over a Bank

  Credit unions are not-for-profit cooperatives owned by members, not stockholders. That means their whole reason for being is to assist the financial wellness of their members;

Credit unions are operated by the people in your community; serving the local community and being involved in community causes is a point of pride for credit unions. Since 1986, the industry's Credit Unions for Kids program has generated $75 million for children's hospitals, and the monies raised by individual credit unions go to hospitals in their area;

Credit union resources are returned to their member-owners in the form of lower fees and forward-thinking products and services. Big bank's profits are funneled into expensive national advertising budgets and huge executive compensation packages;

Credit unions are a more personalized way of handling personal finance. As the economy becomes more complex, credit unions are streamlining their loan procedures; you'll have a better chance at securing personal, auto, and real estate loans at your local credit union;

Credit unions provide what people want most in financial services. In 2009, more than 1.2 million Americans joined a credit union, and credit unions now have nearly 10 percent of the country's household savings;

Credit unions' interest rates on credit cards and loans are lower compared to big bank rates.  And, free checking is alive and well at many credit unions. Deposits are insured by the NCUSIF;

For more than 20 years, customer satisfaction with credit unions has consistently rated higher than for big banks. In fact, these survey's find credit unions to be the most trusted segment of the financial services industry;

The number one reason for choosing a credit union over a bank for your personal finance needs?

1.    At most credit unions, membership is open to anyone who wants to join and the benefits begin immediately!

“Credit unions are outperforming big banks, and gaining members because of it. In 2009, consumers saved $7.3 billion by using credit unions rather than banks,” says Stan Hollen, president/CEO of CO-OP Financial Services. “Credit unions combine with the neighborhood friendliness and access that is so hard to find elsewhere with the services and technologies people want most. One of the earliest credit union slogans was ‘not for profit, not for charity, but for service,' and that philosophy holds true today.