What makes a Credit Union Different?
Credit Unions are member based, formed by a group of people who share a common bond – whether it be an employer, a fraternal organization, church or community. Because Credit Unions are non-profit organizations, they usually present a low cost alternative to for-profit financial institutions such as retail banks. Privacy and confidentiality of members’ affairs are assured.
Like all co-operatives, credit unions are based on the concept of “people helping people.” The Credit Union motto is “Not for Profit, Not for Charity, But for Service”.
Posted in: General Information