Nationally credit unions serve 41% of the banked population. Since 2016, credit unions have increased their membership by 40 million. What’s driving this increase? Consumers are witnessing how credit unions’ missions and core values are in alignment with their own. Credit Unions’ “Not for Profit, but for Service” philosophy is resonating with consumers.
However there are a few myths about lack or technology, access, or insurance, that may keep someone from experiencing the value of credit union membership. Check out our informative video on Credit Union Myths.