Why you should join a credit union
Credit unions are similar to banks, and for this reason, many people may mistake a credit union for another typical bank. The truth is, however, a credit union differs from a bank, and these differences can benefit you and your family.
A credit union is a non-profit, cooperative financial institution that is owned and controlled by its members. This means that credit unions allow members to have a voice in the governance of the organization.
Just like a traditional bank, credit unions provide you with the freedom to manage your money with a checking and savings account, and all of your deposits are federally insured. However, credit unions combine these services with many other benefits such as personal service, lower interest rates and higher returns on your investments.
For more information on the benefits of a credit union, contact the Valley Federal Credit Union by visiting any of our Valley locations, or by calling our main office in Brownsville at 956-546-3108.