Banks and Credit Unions both offer a variety of financial services
- Checking Accounts
- Credit and Debit Cards
- Loan services including
- Auto, RV, Boat, Home Improvement, Mortgages, and other consumer loans
- Business Loans including Lines of Credit
- Retirement and Investment Services
- Safe Deposit Boxes
Banks and Credit Unions have Differences
Credit Unions
- Credit Unions offer memberships to a designated group. The designated group may be based on your employer or the geographical area where you live or work.
- Credit Unions are a Not For Profit organization
Banks
- Banks may accept anyone as a customer regardless of where you live or work
- Banks will participate in more complex commercial loans for real estate development and multi-national business needs
- Banks are For Profit companies