This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
Home > Credit Union Philosophy > The CU Difference

we're a little different!

As someone who is involved with a credit union, it should come as no surprise that credit unions aren't like any other financial institution. This difference is the reason we exist and why we're tax-exempt.

You may have heard it before, but it bears repeating: The Credit Union Difference Is In The Structure. So, how exactly, are credit unions different from other financial institutions? Check out this YouTube video from Young&Free Alberta to get a quick overview.


So, credit unions actually differ from other financial difference in six primary ways …


Why Should You Care?

Here are a few reasons ... if you can think of more, leave a comment below.

  • As not-for-profit cooperatives where "people are worth more than money," credit unions answer to their member-owners, not stockholders, and — as a result — credit unions consider it important to do more than just make a buck. This allows credit unions to give their members the most benefits possible, share their members' values, and be real part of their community.
  • Credit unions offer people an alternative source of services for their financial needs. Their presence in the market helps keeps a lid on the for-profit financial service providers, forcing them to offer competitive rates and fees.
  • Many people in banking circles say "credit unions look like banks, sounds like banks, and offer the same services as banks, ergo they must be banks and should be taxed and regulated in the same way as a bank." We know that's not true, but to counter it effectively, you must understand the differences between your credit union and other financial institutions.


About Us

Network Governance
Full Staff Listing
Credit Union Chapters

Contact Us

Credit Union Jobs


CU PolicyPro
Fraud Resource Center
Compliance Training Tools


Advocacy &
Government Relations

     National Programs
     State Programs

Government Relations
     Montana Government
     Federal Government Affairs

Political Action

Field of Membership Expansion

Community Development 


Conferences and Trainings
Distance Learning
Financial Literacy for Volunteers


League Service Group

Directly Provided Services
Group Benefit Trust

Communications & PR

Credit Unions in the News
President's Report
Photo Galleries
Network News
News Archive

Credit Union Directors

The Director's Job
Volunteer Recognition
Helpful Resources
The Blog "A Direct Line"


Find a Credit Union Near You
ip of the Week
Topic of the Month
Reciprocal Check Cashing

Montana's Credit Unions

Credit Unions in the News
Credit Unions for Kids
Credit Union Philosophy