Owned by the members who have a share (regular savings) in the Credit Union.
Not for profit
Credit Unions return their profits to their member, not shareholders like banks and other financial institutions. Credit unions do this by having fewer fees on services, lower rates on loans, higher returns on savings and personal services.
Credit unions are insured by the National Credit Union Administration (NCUA) which insures credit union deposits up to $250,000
As a member of the Credit union you can use a nationwide network of over 30,000 surcharge-free ATMs (Allpoint)
Why a Credit Unionfsol2022-02-04T20:11:20+00:00