Credit Union vs. Bank: Which is Right for You? thumbnail

Credit Union vs. Bank: Which is Right for You?

Published Nov 07, 24
1 min read


Trying to decide if a bank or credit union is right for you? Here’s what you need to know.

Understanding the Distinction

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

Why Choose a Credit Union?

With credit unions, you’re not just a customer; you’re a member. This means lower fees, competitive loan rates, and the ability to have a voice in decisions.

Ready to make your decision? Think about what matters most: rates, fees, or community. Stop by WyHy to learn more!

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