Choosing Between a Credit Union and a Bank

Making a choice between a bank and a credit union? Let’s dive into the key differences.

Understanding the Distinction

Traditional banks operate as for-profit businesses, while credit unions, like WyHy, are non-profit cooperatives focused on serving members. That distinction can mean better rates and more community focus.

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.

What’s the best option for you? Reflect on your priorities: better rates, fewer fees, or community involvement. Stop by WyHy to learn more!

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