The CU Difference

The Credit Union Difference

The difference is YOU.
What makes your credit union unique and what it means to you?

Membership Makes a Difference.
When you are a member of a credit union, you belong to an institution that is unique in the financial world. Credit unions often provide many of the same services as a bank, a savings and loan, or any other financial institution. While it’s true that there are similarities among financial institutions, credit unions are driven by a philosophy that sets them apart. Consider this:

Your Credit Union is a Cooperative.
No one person or organization can own a credit union. It is owned and governed by its member-owners, its only customers. As a result, it exists solely to provide you and other members with a safe, convenient place to save and to obtain loans at reasonable rates, and to provide other needed services.

Your Credit Union is Not-for-profit.
Since all credit unions are owned by the people who save and borrow there, there are no outside shareholders and no profits. Earnings are returned to members in the form of lower rates on loans, higher returns on savings, and better service.

Your Credit Union is Volunteer Driven.
The active involvement of volunteers is the cornerstone of the credit union philosophy. A credit union’s policy-making Board of Directors, and some of its committees, are made up of individuals elected by the members. Virtually all of these volunteers are unpaid.

In other words, as a shareholder in your credit union you have a say as to how it is run. You are a member, not a depositor. Because of this, your credit union’s sole commitment is to serving you and the other members of your credit union. It’s that simple.