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.

Understanding the Distinction

Banks are for-profit institutions, while member-owned institutions like WyHy Credit Union are non-profit cooperatives focused on serving members. That difference can result in competitive rates and a strong commitment to the community.

Why Choose a Credit Union?

Credit unions treat you as a member rather than just a customer. This translates to lower fees, attractive loan rates, and the ability to have a voice in decisions.

What’s the best option for you? Think about what matters most: rates, fees, or community. Stop by WyHy to learn more!

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