Find Credit Unions Near You
Discover member-owned financial institutions in your community. Compare credit union services, rates, and benefits to find the perfect fit for your financial needs.
Why Choose a Credit Union?
Credit unions are owned by their members, not shareholders, focusing on member benefits rather than profits.
Often offer higher savings rates and lower loan rates compared to traditional banks.
Serve specific communities, professions, or groups with personalized service and local involvement.
Federally insured by NCUA up to $250,000, providing the same protection as FDIC insurance.
Popular Credit Unions
Check Eligibility
Verify you meet the membership requirements for your chosen credit union.
Apply for Membership
Complete the membership application online or at a branch location.
Open Accounts
Start with a savings account and add other services as needed.
| Feature | Credit Unions | Banks |
|---|---|---|
| Ownership | Member-owned | Shareholder-owned |
| Profit Motive | Non-profit, member benefits | For-profit, shareholder returns |
| Interest Rates | Often better rates | Market competitive |
| Fees | Generally lower | Varies by institution |
| Branch Network | Limited, local focus | Extensive, national presence |
| Technology | Improving, varies by size | Advanced, well-funded |
Frequently Asked Questions
Credit unions are member-owned, not-for-profit financial cooperatives. Unlike banks, which are owned by shareholders, credit unions are owned by their members and focus on providing benefits to members rather than generating profits for shareholders.
Credit union membership is based on a common bond such as employer, community, profession, or association. Each credit union has specific eligibility requirements, but many have expanded their fields of membership over time.
Yes, federally chartered credit unions are insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, providing the same level of protection as FDIC insurance for banks.
Most credit unions offer similar services to banks including checking and savings accounts, loans, credit cards, and online banking. However, they may have fewer branches and ATMs than large national banks.
Credit unions typically offer better interest rates on savings and loans, lower fees, personalized service, and a focus on member benefits rather than profits. They also often provide financial education and community involvement.
Find Your Perfect Credit Union
Use Bank Finder to locate credit unions in your area and compare their services, rates, and membership requirements.