How Can a Credit Union Help your Family?

Many people have heard of credit unions, but few truly know all the benefits they have to offer.
So, how can a credit union help you and your family?

Lower Loans, Credit Card Rates, and Fees
Since credit unions are not for profit, they don’t have to pay any shareholders, as many other big banks do. This means that after paying expenses, credit unions are able to use the rest of their profits to help their members succeed. They can offer higher saving’s rates on savings accounts and certificates of deposits for example, and provide lower interest rates on loan products and credit cards with less fees.

Service-Focused Banking
Credit Unions market and emphasize service. They give members a chance to not only own a piece of the financial institution as a member-owner, but strive to also provide them with tools to enhance and improve their financial situations.

Financial Education Services
Credit Unions not only want you to utilize their products and services, but improve your financial literacy as well. Many credit unions provide a variety of financial; education seminars, meetings and events members can take advantage of and feel more confident and secure on their financial futures.