They may work at the same place, belong to the same association, or live in the same area. Once you purchase a share in the credit union, you become a member. Officers, directors, and committee members serve without pay. Credit unions want to help you meet your financial goals. Available savings plans usually pay dividends that are comparable to, or even better than, the interest paid on savings accounts offered at other financial institutions.
Service is friendly and personal.
Members are treated with dignity and respect. Like other financial institutions, credit unions are closely regulated.