Vault’s Viewpoint. Credit union mortgages come with low rates and fees and are easier to qualify for. Bank mortgages don’t have any membership requirements and utilize the latest technology.

The main difference is that a loan from a credit union often has a lower interest rate than a loan from a bank—however, you’ll have to join the credit union to apply for one.

Interest rates: Credit unions typically offer better interest rates on savings and loans, largely due to the fact that they don’t have the same need as the banks to turn a profit.

VyStar Credit Union unveiled this week Do Good. Bank Better.℠, a brand campaigns inspired by the people, businesses and organizations that it serves.

2. I enjoy the perks of membership. When I dealt with a bank, I was a customer. As a credit union member, I'm an owner. Sure, I may only own a tiny slice of the credit union, but as a member, I'm ...

How Do Auto Loans from Credit Unions Work? In many ways, an auto loan from a credit union works in the same way as a loan from a bank or dealership.You apply for a loan online or at a branch location.

Last year, 45% of new State Employees’ Credit Union members opened an account online, rather than in our physical branches, said McKone, noting that in past years, that number was much lower.

Thrivent's now-defunct credit union was once Thrivent Financial Bank, a Wisconsin-based thrift that the company converted into a credit union 13 years ago. The decision to return to the company's ...