Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is Firefighters Community Credit Union different from a bank?

0
0 Posted

How is Firefighters Community Credit Union different from a bank?

0
0

A credit union is a group of people with a permit to do business with each other. A credit union is not a credit bureau; it is not a labor union; it is not a loan company or a financial house; it is a group of people who have joined forces to manage their own money. Its basic objectives are to teach and encourage thrift among members and, through their combined savings, extend to members low-cost credit for any worthwhile purpose. As a not-for-profit financial cooperative, we are able to offer you better rates and more personal service than for-profit banks.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123