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We're Celebrating How Awesome Credit Unions Are!

Are you as excited as we are to celebrate International Credit Union Day on Oct. 19?

It’s a day to share your experiences as a Member and to reflect on the benefits of being a part of City Credit Union. It’s also a day to have fun! At City CU, we’re celebrating Member Appreciation Day and International Credit Union Day with fun, food and prizes!

Each year, CUNA (Credit Union National Association) and the World Council of Credit Unions chooses a theme for ICU Day. This year’s theme, selected via an online poll of CU professionals, is “Dreams Thrive Here.” As a credit union member, you know this statement is true. Credit unions help your dreams thrive by helping to make them possible.

In the spirit of ICU Day, let’s take a quick look at four factors that make credit unions the best choice and allow your dreams to thrive.

  1. Members first- As a Member of City CU, you own a piece of the organization. That’s why it’s often referred to as a cooperative. City CU is not betrothed to Wall Street – we want only what’s best for you. We focus on offering superior service and policies that are as Member-friendly as possible.
  2. Lower fees- Banks earn much of their profit through fees and pushing unnecessary product on their customers. Credit unions also have fees attached to products and services, but they tend to be lower than a bank.
  3. We’ve got your back- A credit union will work with you through rough patches. While a bank is more likely to turn down a borrower who has a poor credit history, a credit union representative will work to find a loan that best suits your needs. We also can help you learn the basics of budgeting and may offer programs to help you cover unexpected expenses.
  4. Better interest rates- Credit unions offer higher dividend rates on savings accounts and lower interest rates on loans. We only need to cover operating costs, so all the money we save is passed to our Members in the form of favorable rates, enhanced services and increased operations.

As you can see, we’ve got lots to celebrate!

Here at City CU we’re gearing up for a fun-filled, memorable day. Can’t wait to see you!

What’s your favorite part about being a credit union Member? Share it with us on Facebook and Twitter!