Bank or Credit Union: What’s the Best Choice for You?

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

Understanding the Distinction

Traditional banks operate as for-profit businesses, 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 translates to lower fees, competitive loan rates, and the ability to have a voice in decisions.

So, which is better for you? Think about what matters most: rates, fees, or community. Stop by WyHy to learn more!

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