Banks vs Credit Unions

Front

Owned by a financial corporation

Back

Both

Front

Owned by members or employees of a local employer

Back

Credit Union

Front

Offers an ATM

Back

Both

Front

Caters to individuals: Bank, Credit Union, Both

Back

Credit Union

Front

Offers Savings and Checking Accounts

Back

Both

Front

Caters services to businesses but also serves individual customers

Back

Bank

Front

Nonprofit: Bank, Credit Union, Both

Back

Credit Union

Front

Profit
Options: Bank, Credit Union, Both

Back

Bank

Front

No membership required. Options: Bank, Credit Unions, Both

Back

Bank

Front

Generally lower savings rates and higher fees: Banks, Credit Cards, Both

Back

Banks