Bank or Credit Union: What’s the Best Choice for You?

Making a choice between a bank and a credit union? Here’s what you need to know.

Understanding the Distinction

Banks are for-profit institutions, while credit unions, like WyHy, 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 lower fees, attractive loan rates, and a say in how things run.

What’s the best option for you? Consider what’s most important to you—rates, fees, or community focus. Stop by WyHy to learn more!

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