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 credit unions, like WyHy, 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 means reduced fees, attractive loan rates, and the ability to have a voice in decisions.

Ready to make your decision? Reflect on your priorities: better rates, fewer fees, or community involvement. Stop by WyHy to learn more!

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