People Helping People
October 30th, 2013
Credit unions are built around people, so instead of an organization helping a community, it’s people helping people.
The origins of credit unions are steeped in people helping one another. First called “people’s banks,” credit unions were developed to provide people who shared a common bond with a means to bank while still having a voice in the direction of the company.
Credit unions are meant to serve the people that use them. In many ways, credit unions go above and beyond what is required to help its members.
For instance, credit unions provide fair and reasonable interest rates on loans while providing the best possible interest rates on savings accounts. Both of these services are designed to help members manage their money the way they want.