As a member of a credit union, you are also an owner. Credit unions are democratically run and controlled by its members based on "people helping people" principles. Each member owns one "share" of the organization, and is entitled to vote on important issues, such as the election of member representatives to serve on the board of directors.
Not only are credit unions member-owned, but they are not-for-profit, cooperative financial institutions. Credit unions promote thrift by allowing their members to pool their savings and lend to one another. They exist solely to serve their members and have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of dividends on savings, lower loan rates, and other services.
Surveys consistently rank credit unions first among financial institutions in consumer satisfaction, so come join the other 91 million U.S. credit union member-owners.
Find out more at http://www.whatifcreditunions.com