Credit Unions: Differences Between Credit Unions and Banks
Last Updated 01/2026
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Description
As you consider whether a credit union is a good choice for you personally, you may be wondering... what exactly are the differences between credit unions and banks? Why would you choose one over the other? Does it even matter? Well, despite their similarities as financial institutions, credit unions DO differ from banks in some respects. In this program, we'll go over those differences and discuss the pros and cons of both, to help you determine which is a better fit for you and your needs.