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Shout out to all the credit unions out there! * Owned by those who bank there * Non-profit organization -- "Excess" profit is typically returned to members as
by NortySpock 4y ago
Shout out to all the credit unions out there!
* Owned by those who bank there
* Non-profit organization -- "Excess" profit is typically returned to members as a dividend
* Savings from your accounts are used to invest in mortgages and bonds and securities in your community
* Deposits up to $250k are insured by the National Credit Union Share Insurance Fund (is all of this sounding familiar?)
signed, a happy credit union member