How Credit Unions Serve You
You’re thinking about joining a credit union. Maybe you already have! Yet you are unsure what benefits you get as a member. The truth is, there are a lot of great perks to joining a credit union. It all starts with being member-focused and locally owned!
Credit unions have been built around their communities and their members from the very beginning. The idea is to bring the people of a local community together, and provide services based on their unique needs. It’s like joining a club with benefits tailored to you! When you become a member of a credit union, you become a partial owner of the business. You own your share of the company and when you thrive, they thrive (and vice versa). Members are the center of the credit union universe!
So what do credit unions do to show their members love? There are a ton of points to hit, but we will share some of our favorite benefits.
Loans that meet your needs
Credit unions do lending best! You’ve been there, at the car dealership or with the realtor looking at houses. You find something you love, but the rate on the loan offered by a big bank makes your heart sink. Even worse, the monthly payment nearly makes you want to fall over! This is where credit unions come in. Competitive rates and flexible terms are their strong suit! You can find a term that suits your needs and enjoy low monthly payments from there. Credit unions understand that you want to achieve things in life and they want to help you reach those goals. Now that car you love or the dream house you found can be yours!
Mobile services you love and rely on
Sometimes credit unions get a bad rap for being behind in the digital world. This assumption could not be more incorrect! Again, credit unions tailor to their members’ needs. Offering digital banking solutions is a big part of that. Many credit unions have developed mobile apps where banking can be done from any mobile device. Things like mobile deposit and e-Statements are commonly available as well. All of these services are put into place to make banking more convenient for members! You’re on the go, so we are too.
Offering financial education to help you thrive
Resources for members are just as much of a focal point as services. Credit unions don’t just want to bank with you, they want to enrich you. Ensuring stability in members is a huge goal! Some credit unions offer workshops on things like budgeting and understanding your credit score. A lot of their websites also include blog pages (like this one) where you can read up on facts and tips regarding finances. In addition to educational resources, credit unions also provide financial resources like scholarships to their members. Your credit union wants to set you up for success- we are a community and when one of us succeeds, we all succeed!
Discounts where it counts
This is the fun part- discounts on things that matter! Credit unions usually have partnerships with local businesses where they can provide discounts to their members. From savings on insurance, amusement park tickets, and even discounts on college tuition, your credit union has the hookup!
Credit unions care about your growth and well-being as a member. Community is at the heart of what we do. In addition to giving back to our members, we give back to the community too. Offering accessible resources to our members and the community is what drives us!
“Ask not what your members can do for you- ask what you can do for your members.” - JFK (if he knew more about credit unions)