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

Banks are for-profit institutions, while member-owned institutions like WyHy Credit Union are non-profit and member-owned. That difference can result in competitive rates and a strong commitment to the community.

Advantages of Joining 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.

What’s the best option for you? Think about what matters most: rates, fees, or community. Stop by WyHy to learn more!

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