There are many benefits to joining a credit union. If you are looking to switch financial institutions, in the market for a auto loan or mortgage, looking for financial perks or a family friendly atmosphere then a credit union may be for you. A credit union is a not-for-profit member owned financial cooperative. This means that credit unions offer loans with better rates and higher interest deposit accounts. When you become a member, you can open a savings and checking account as well as obtain loans and credit cards.
While belonging to a big financial institution has its perks, there are many benefits of a credit union that may have you thinking twice about switching over:
1. Lower Fees
2. Great Rates on Loans and Accounts
Switching to a credit union has many benefits for their members. If you are interested in a credit union and want to see if you are eligible for membership at Credit Union of Richmond, give us a call at 804-355-9684.
Convinced? Join today.