h1 whats a cu bg

Credit Unions

  • Owned by Members

  • Not for Profit

  • Your deposits buy you shares of the company

  • Surcharge-free, in network ATM transactions

  • Federally regulated by NCUA

  • Primary focus is people

  • Exempt from most state and federal taxes 
    allowing them to pass on great rates to members

Banks

  • Owned by Stockholders

  • Strictly For Profit

  • Your deposits are a “loan” to the bank

  • Fees for ATM transactions at other financial institutions

  • Federally Regulated by FDIC

  • Primary focus is profit

  • Nonexempt from most state and federal taxes