Credit unions may seem like traditional banks, but they typically offer better interest rates and lower fees
- While credit unions offer many of the same services as banks, they are member-owned, not-for-profit organizations.
- Because they exist to serve their members, credit unions tend to offer low fees and attractive interest rates on loans and credit cards.
- You may be eligible to join a credit union by virtue of where you live, where you work, or your family connections.
- Read more personal finance coverage.
On the surface, credit unions look a lot like banks.
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