Choosing Between a Credit Union and a Bank

Making a choice between a bank and a credit union? Let’s dive into the key differences.

How Do Banks and Credit Unions Differ?

Banks are for-profit institutions, while member-owned institutions like WyHy Credit Union are non-profit and member-owned. That distinction can mean better rates and more community focus.

Benefits of Credit Unions

Credit unions treat you as a member rather than just a customer. This translates to lower fees, attractive loan rates, and a say in how things run.

So, which is better for you? Reflect on your priorities: better rates, fewer fees, or community involvement. Stop by WyHy to learn more!

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