Click here for an important message regarding the Coronavirus (COVID-19)

Open Menu

What is a credit union?

A credit union is a member-owned financial cooperative. As a not-for-profit cooperative institution, a credit union uses excess earnings to offer members more affordable loans, a higher return on savings, lower fees or new products and services. A credit union is operated entirely by and for their members. Once you deposit money in a credit union, you become a member since your deposit represents your ownership share in the credit union.

Share this article:
    opens in a new window         opens in a new window