Credit Unions
Private banks, Chase, Bank of America etc. are FOR profit organizations. Their biggest concern is to use all of their resources to make their earnings grow. Their concern is for their customers, but in the end its about how much income they (big banks) can extract from their customers without making them want to leave their bank.
Credit Unions are NOT for profit organizations.
They offer a wide variety of financial services, the big thing with CU is they are owned by their members! Just by having an account at a credit union makes you a member and an owner, how many of you can say that of Chase, or BofA? As a member of a Credit Union you can vote and run for the Board of Directors.
You money does not matter, you could have 10 dollars in an account or 10 thousand dollars in an account, you vote is still the same. Credit Unions are run by volunteers and no one gets paid in any way shape or form for their time.
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