Credit Union Difference

What is a credit union?


A credit union is a cooperative financial institution that is owned and controlled by its members, provides credit at reasonable rates, and offers additional financial services to its members.

Credit Unions are also not-for-profit cooperatives that are operated mostly by volunteer boards. Many other financial institutions are owned by outside stockholders and controlled by paid boards, which means that you are a customer, not a member-owner.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Texas Bay Area Credit Union 2016