Choosing Between a Credit Union and a Bank

Wondering whether to go with a bank or a credit union? Let’s break it down.

Understanding the Distinction

Traditional banks operate as for-profit businesses, while member-owned institutions like WyHy Credit Union are non-profit cooperatives focused on serving members. That distinction can mean better rates and more community focus.

Why Choose a Credit Union?

With credit unions, you’re not just a customer; you’re a member. This translates to reduced fees, attractive loan rates, and the ability to have a voice in decisions.

Ready to make your decision? Consider what’s most important to you—rates, fees, or community focus. Stop by WyHy to learn more!

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