Choosing Between a Credit Union and a Bank

Wondering whether to go with a bank or a credit union? Here’s what you need to know.

Understanding the Distinction

Traditional banks operate as for-profit businesses, while credit unions, like WyHy, are non-profit cooperatives focused on serving members. That difference can mean better rates and more community focus.

Advantages of Joining a Credit Union

Credit unions treat you as a member rather than just a customer. This means 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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