Discover a Better Way to Bank.
Credit Unions |
Banks |
Credit Unions Have Members. Credit Unions were established to help members save money and become financially secure. |
Banks Have Customers. As for-profit entities, the goal of banks is to make money for stockholders. |
Profits Are Returned To Members. Profits are returned to members, through better rates and lower fees |
Profits Go To Stockholders. Bank earnings go to stockholders, who own the bank. |
Credit Unions are Local. Credit Unions are local financial institutions and support their local community. |
Banks can be Huge. The largest banks are national or international in scope, having less of a connection to the local community. |
Credit Union Leadership. |
Bank Leadership. Only shareholders can vote for directors. Votes are cast based on how many shares are owned. |