Bank Or Credit Union. So, why are people moving their finances out of big banks and into credit unions? Credit union profits are returned to members A credit union might not be in your area: Typically, credit unions are local or regional.
Credit unions are not-for-profit organizations that are member-owned and cooperative institutions.
While both banks and credit unions operate under similar laws and agencies regarding loans, mortgages and safety, the customer experience you Still, credit unions don't necessarily have the monopoly on premium customer service.
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Credit unions are not-for-profit organizations that exist to serve their members. When it comes to storing your cash, you have three choices, under the mattress, a credit union, or a bank. Credit unions don't have customers; they have members.
