Category: Personal Finance & Banking

Why do people join credit unions?

People often choose to join credit unions due to the many enticing benefits they offer. These include lower loan rates and higher savings returns, compared to regular banks. Credit unions are also member-owned, meaning that each member has a say in how the union is run. Plus, they provide a more personalized and community-oriented banking experience. Lastly, credit unions are known for their customer service, making banking a less stressful experience.