Quite simply, a credit union is just like a bank, with services like checking, debit cards, auto loans, credit cards, home loans, Internet banking and mobile banking. But here’s the big difference: Unlike banks, whose profits go to stockholders, our profits go back to you in the form of better rates and lower fees. Ask our 100,000 other members -- It’s just a smarter way to bank. That’s also why you’ll hear so many consumer advocates speak highly of credit unions.
What about safety? Your money is federally insured up to $250,000 – just like a bank. However, credit unions typically don’t engage in the risky practices that many banks have been cited for.