Credit Unions Moving Forward
Friday, December 12th, 2008 
pic by woodleywonderworks
Nonprofits worth billions making a major financial impact in communities across the country and growing each day.
Credit unions differ from other banks in several ways:
Credit Unions
- Not-for-profit cooperatives
- Owned by members
- Operated by mostly volunteer boards
Other Financial Institutions
- Owned by outside stockholders
- Owned by outside stockholders
- Controlled by paid boards
These factors allow credit unions to offer its members lower loan rates, higher savings rates and fewer service fees.
