Bank or Credit Union: What’s the Best Choice for You?

Wondering whether to go with a bank or a credit union? Here’s what you need to know.

How Do Banks and Credit Unions Differ?

Banks are for-profit institutions, while credit unions, like WyHy, are non-profit cooperatives focused on serving members. That distinction can mean better rates and more community focus.

Benefits of Credit Unions

Credit unions treat you as a member rather than just a customer. This translates to reduced fees, competitive loan rates, and the ability to have a voice in decisions.

So, which is better for you? Reflect on your priorities: better rates, fewer fees, or community involvement. Stop by WyHy to learn more!

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