10 reasons to be in a credit union 1. Credit unions are focused on people, not profits. Unlike banks, credit unions do not have to show a profit for people investing in them. It is the express and recorded mission of credit unions to serve people of modest means. Numerous surveys have indicated that credit union fees are significantly lower than fees at other financial institutions.
Credit unions try to be convenient to their members.
They often try to be open hours that their members need. Some church credit unions, for instance, have Sunday hours following church services. Some businesses have credit unions right on the premises. Credit unions specialize in helping educate their members for a better financial future. Many help youngsters understand how to begin saving for their dreams.