FFCOCU
Updated 50 days ago
338 S. Patterson Blvd. Dayton, OH 45402
Credit unions and banks are different in several ways, yet the same in some. Here's one similarity: Both are safe, secure, professionally-managed financial institutions. Here's one difference: At credit unions, people are worth more than money. Credit unions are not-for-profit organizations that have a philosophy and structure designed to directly benefit you the member. Banks, on the other hand, are for-profit entities and have been designed to benefit the stockholder. A credit union is a cooperative. A financial cooperative, such as FFCOCU, is organized for the objectives of: -Providing financial services at fair and reasonable rates and fees, -Encouraging responsible financial activity and thrift, -Allowing members/owners to use and control money for the mutual benefit of all FFCOCU members, the credit union itself, and the community at large. At FFCOCU, all members/owners are shareholders - so all reap benefits. Approximately $70-80 of every $100 deposited at the credit union is..