• Surveys conducted worldwide repeatedly confirm that members of credit unions are more satisfied with the service they receive from their credit union than are their counterparts who are customers of banks.


  • The foregoing is owing to the fact that credit unions are democratic, member-owned cooperatives, whose members have the power to direct credit union policy. For instance, if the majority of members are dissatisfied with the directors who set the policy of their credit union, they have the power to demand replacement.


  • Credit union elections are based on a one-member, one-vote structure. This structure is in contrast to for-profit, public companies where a stockholder’s voting power is according to the number of shares they own.


  • Credit unions are uniquely different from for-profit financial institutions and offer their members special advantages.

Credit Union Advantages