Home BusinessFinance 5 reasons you can bank on credit unions

5 reasons you can bank on credit unions

by
Jefferson Credit Union staff

Though credit unions and banks are both financial institutions that offer checking, savings and loans, there are significant differences between the two. Learn more:

• Because members own credit unions, pleasing members is the number one priority.

• As nonprofit financial cooperatives, credit unions return any excess earnings to their members.

• No matter where you are or what you do, there’s likely a credit union for you.

• At a credit union, you have the opportunity to earn higher yields on savings and borrow money at lower financing rates.

• Credit unions are founded on the belief of giving back to the community.

– Kristi Maupin, Jefferson Financial Federal Credit Union

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