At many financial institutions you may get lost in the shuffle if you don't carry a large account balance. You may not receive personal, first name service and you may be subject to high fees, low dividends on savings and high loan rates. You may feel that you are just a number among many numbers.
Credit unions are non-profit financial cooperatives.
Returns from our investments are returned to each member in direct relationship to the amount of money the member has on deposit. The credit union is owned by its members. Each member is a member for life. This permits us to pass on lower rates to members who borrow and higher yields to members who save with us. Again, because we do not have stockholders, all money that is not loaned out is invested in federally insured accounts.