Choosing Between a Credit Union and a Bank

Wondering whether to go with a bank or a credit union? Let’s dive into the key differences.

How Do Banks and Credit Unions Differ?

Traditional banks operate as for-profit businesses, while member-owned institutions like WyHy Credit Union are non-profit and member-owned. That distinction can result in competitive rates and a strong commitment to the community.

Advantages of Joining a Credit Union

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

Ready to make your decision? Think about what matters most: rates, fees, or community. Stop by WyHy to learn more!

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