Lesson 11 – Why a Credit Union is Not a Bank
Examines the three things that separate credit unions from banks and the benefits members derive from “the credit union difference.”
#1 – By law, all credit unions are not-for-profit businesses. Didn’t know that? That’s OK. Just know that by not having to focus on profits that are used to pay stockholders credit unions can focus on their members. That’s what we do at Creighton Federal. It shows up in generally lower rates and better service. We’re not saying we’re perfect. Just a better choice than a bank for a credit card, car loan or home mortgage. Watch this lesson then give us a call. We’ll tell you all about it.
Related links:
The Credit Union Difference.
https://www.cuna.org/Thecredituniondifference/
The Credit Union Difference (video).
https://www.youtube.com/watch?v=gyWyjg6a3XM