Why choose a credit union?

Why should you consider a credit union?

Credit unions help hard working people, like you, work, live, and thrive. Their not-for-profit, member-owned structure ensures that earnings benefit members’ financial well-being. Here are just a few examples of the advantages of being a credit union member:

Credit unions are focused on you, not shareholders. 

Because credit unions are not-for-profit and serve their members, profits are shared with members through:

How is a credit union different from a bank?

Below is a simple snapshot that illustrates the difference between credit unions and banks.



  • For Profit
  • Stockholder Owned
  • Shareholder Driven
  • Insured by FDIC up to $250,000
  • Board of Directors are Paid
  • Typically Large, Nationally Based
  • Make Money for Shareholders

Credit Union

  • Not-for-Profit
  • Member Owned
  • Member Driven
  • Insured by NCUA up to $250,000
  • Board of Directors are Volunteers
  • Community Based
  • Make Money for Members

Learn more about the differences between a bank and a credit union.

Credit Unions and Banks

Credit Unions Build Stronger Communities.

Credit unions have an interest in advancing their communities because they are owned by the members they serve every day. That’s why they work so hard to improve members’ savings; help them invest in their homes, businesses, and education; and secure a stronger financial future. No matter what life brings, America’s credit unions have been there to help strengthen the financial lives of individuals, families, and businesses in their communities.

Check out the impact credit unions have in your state.

More Reasons to Choose a Credit Union

In addition to better rates and lower fees, credit unions offer more personalized service to help you achieve your life goals.  Unlike banks, credit unions' mission is to serve their community and their members. Learn more about some of the reasons why you should consider a credit union over a bank.

couple planning investments
Superior Personal Service

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woman signing for auto loan
Best Rates & Fees

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volunteers with supplies
Invested in Your Community

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Woman walking down the street in a city
Credit Unions are Everywhere

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Find the right Credit Union for you

There are more than 5000 credit unions to choose from across the U.S.