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Why a Credit Union?

April 26, 2017Credit Union

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Why a Credit Union?

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WE ARE ALL ABOUT THE MEMBER! Credit Unions are not-for-profit financial cooperatives owned by their Members. The credit union philosophy is “People Helping People”. Today, there are over 86 million Americans in the credit union movement. No one person or organization owns a credit union. When you join, you become a Member-Owner. A credit union is guided by a Board of Directors who volunteer their time without compensation. Directors are elected by YOU and each Member has a vote. As a cooperative, a credit union exists solely to provide members with affordable, convenient financial services. Earnings are returned to Members in the form of lower rates on loans, higher returns on savings, lower fees and exceptional Member service. Why Community One? We know that when it comes to choosing a financial institution, you have many choices. Community One Credit Union wants you as a Member because we are interested in building a long term financial relationship. Our Members are our top priority.