
Community Credit Unions
Community credit unions are member-owned financial cooperatives that provide banking services like savings and loans within a specific community or group. As nonprofits, they prioritize members' interests over profit, often offering better rates and personalized service. Funded by member deposits, they focus on supporting local economic growth and financial well-being. Because they are community-centered, they tend to have a deeper understanding of their members’ needs and foster a sense of shared ownership and trust. Overall, they serve as accessible, community-focused alternatives to larger banks.