Credit unions are the way to go if you’re looking for a great financial partner for you and your community. Credit unions are member-owned, not-for-profit financial cooperatives that directly contribute to your hometown.
Local banking makes a substantial economic impact (think loans and jobs).
A strong community requires a healthy economy. Hiring local employees is one way C.U.’s support local economies. Another is by helping local small businesses. Small businesses, the biggest job creators in the country, often turn to credit unions for loans. In addition to offering better rates and fewer fees, credit unions typically process loans locally. The process helps streamline applications and gives credit unions the ability to better understand a borrower’s unique situation before making a loan decision.
And, as local lenders, credit unions reinvest their deposit dollars back into the community. Open an account with a credit union, and you’re helping support businesses and families right near you.
Credit unions are involved in the community.
It’s not just the impact credit unions can have on the economy; it’s community development, too — the good they do for the people they serve in your community.
While many financial institutions give to charity, credit unions are unique. They primarily focus on causes and organizations that impact and are important to the members, industries, and communities they serve.
And, because no one is born knowing how to manage money, credit unions commit themselves to education. Showing and empowering you to save and manage your money wisely is a big part of what they do.
Customer service is still personal.
Personal service at a credit union isn’t just a cliché. It’s the difference between working with someone who understands your financial goals and a faceless, blanket conversation with no vision for the future.
Local familiarity also factors into how credit unions make decisions. Sure, the math matters, but the person matters too.
Your local credit union has all the right securities.
Credit unions are insured like any other financial institution; the NCUA (National Credit Union Association) insures your deposits up to $250,000 if your C.U. faces trouble for any reason.
Credit unions are subject to federal security standards and safety protocols. Any financial institution has to meet rigorous compliance standards; we’re no exception. It’s our job and our privilege to guard and grow your money!
Credit unions like to say “thank you” in cash.
Your relationship means more, and your money goes further at a credit union. Trusted community service backed by free checking accounts, low-rate loans, and high-earning savings – you’ll be amazed at all your options. (Seriously, this list hardly scratches the surface).
Switching is easier than you think.
No doubt, switching financial institutions can be a hassle — but switching to a C.U. doesn’t have to be complicated! With personal service and a local representative to help you, the switch can be (dare we say it? Yes.) rewarding!
If you’re ready to make the switch, getting help is as easy as picking up the phone. We’re prepared to help you get started! Let’s meet!