Question

 Who owns credit unions?

Answer Credit unions are cooperatives, owned by their members. Members are essentially loaning money to each other by the deposits they put into the credit union. Credit unions are not-for-profit and can ... Read More »
http://www.answerbag.com/q_view/1954007

Top Q&A For: Who owns credit unions

What Is the Difference Between Regular Credit Unions & Federally Backed Credit Unions?

Credit unions are chartered by either state governments or the federal government. When people refer to a "regular" credit union, it is generally a state-chartered institution and does not have the... Read More »
http://www.ehow.com/facts_6824316_difference-federally-backed-credit-unions_.html

How safe are credit unions?

On One Hand: Less Vulnerable Than Banks to Market SwingsCredit unions are less vulnerable to market swings than banks, according to Crosscut.com. They also were not involved in the subprime lending... Read More »
http://www.answerbag.com/q_view/1951996

Importance of Credit Unions?

"Not for credit, not for charity, but for service" is a credit union motto. Owned by its members, a credit union provides a form of saving and borrowing money similar to traditional financial insti... Read More »
http://www.ehow.com/about_6390337_importance-credit-unions.html

Types of Credit Unions?

A credit union is an organized financial institution that is managed by its members (who are also account holders). According to the World Council of Credit Unions, a credit union is a not-for-prof... Read More »
http://www.ehow.com/list_6395970_types-credit-unions.html


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