Thank you for your interest in credit unions.
Credit unions are not-for-profit institutions that provide financial
services. Most credit unions offer the same types of services as banks,
but with a very important difference: credit unions are owned by the
people they serve, while banks are profit-driven and owned by
shareholders. Credit unions offer lower loan rates and higher savings
rates on average than banks—and save consumers billions of dollars
each year. Credit unions are insured, closely regulated, and have
operated in a very careful manner.