Choosing Between a Credit Union and a Bank

Trying to decide if a bank or credit union is right for you? Let’s break it down.

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 distinction 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? Consider what’s most important to you—rates, fees, or community focus. Stop by WyHy to learn more!

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