credit union philosophy

Credit union philosophy is centered around the idea of people helping people. Unlike traditional banks, which prioritize profit, credit unions are member-owned, not-for-profit organizations that aim to serve their members' best interests. They offer financial services with lower fees and better rates, promoting community welfare and cooperation. Decisions are made democratically, giving each member a voice, regardless of their financial status. This cooperative model fosters financial inclusion, education, and support, ultimately striving to enhance the economic well-being of the community and its members.