Credit unions are cooperative, not-for-profit financial institutions. Unlike banks, credit unions prioritize people over profits and, in kind, are member-owned. The credit union philosophy is “people helping people,” which drives the mission and vision for their memberships, employees, and communities. Credit unions provide a safe, accessible, and value-driven alternative to traditional banking. Let’s clear up some of the myths about credit unions:

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Credit unions don’t have as many services as a bank

Myth. Most credit unions offer the same accounts, loans, and services as banks. From checking accounts and certificates of deposits to mortgages and recreational vehicle loans, credit unions have a wide variety of products,

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