Did you know that there’s a difference between banks and credit unions?

Banks are ‘for profit’ financial institutions - they aim to make money for shareholders. Credit Unions are ‘non-profit’ organizations, which means they aim to provide the best service to their members.

Credit Union Pros:
➡️ Lower fees
➡️ Higher saving account interest rates
➡️ Lower loan interest rates
➡️ Typically better customer service

Bank Pros:
➡️ More in person locations
➡️ More ATMs
➡️ More products
➡️ Better mobile banking apps and online services

Consider credit unions if you’re looking for somewhere to keep your money!

#shorts

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