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Membership

How are credit unions different?

piggy bank

Your credit union is a different kind of financial institution. Here are four key factors that set us apart from other financial institutions: You are an owner. Members who belong to the credit union are its owners, not merely customers. That’s because credit unions are set up as not-for-profit cooperatives. You pay lower loan rates…

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Let’s all cooperate

paper dolls

Credit unions are not-for-profit financial service cooperatives, owned and controlled by their members, and operating in a democratic way. What difference does that make? Co-ops are businesses, in many ways like any other business. But a cooperative operates solely for the members’ benefit. All co-op businesses run in accordance with seven basic principles, many of…

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5 financial resolutions for the New Year

New Years resolutions

A brand new year provides the perfect opportunity to make meaningful life changes, including improved financial wellness. These five financial resolutions can help get your year off to a promising start.   Get on budget.  Take charge of your finances by creating a budget. Start by calculating after-tax income and subtracting fixed monthly expenses. Then…

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The 4 biggest credit union myths

International Credit Union Day Logo

With International Credit Union Day right around the corner, we’d like to clear up the four biggest myths about credit unions. They aren’t big enough. There are big and small credit unions, but just like banks, your deposits at a credit union are insured by the federal government up to $250,000. It will be hard…

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Your life goals, are our life goals

Notebook with the word goals written across

If there’s ever a time that “millennials” need cooperatives, it’s now. The last ten years have been quite transformational for this generation of young adults. Younger millennials just graduating college likely saw their parents lose jobs, benefits, and pensions while bank executives lost nothing. According to a study by Filene Research Institute, millennials make about…

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