The CCCU Difference
The difference between Credit Unions and Banks? As member, you are one of the owners of your Credit Union. There are no external shareholders as in other financial institutions. The Board of Directors is comprised of elected members who serve on a volunteer basis. The Board establishes policies to return profits to you, the members, in the form of competitive dividends on shares and deposits as well as competitive interest rates on loans. Additionally, we offer a full range of electronic services – Home Banking; Mobile Banking; SMS Alerts and Electronic Marketing for your convenience.
Ready to start seeing the difference for yourself? Start the membership process today!
|Type of Organisation: Not-for-profit financial coorperative||Type of Organisation: Generate profits for stockholders|
|Who owns it: Members||Who owns it: Stockholders|
|Board of Directors: Volunteer membership (unpaid)||Board of Directors: Stockholders (paid)|
|Income comes from: Interest from loans, non-interest income||Income comes from: Investments, fees, interest form loans|
|Income goes to: Members in the form of better rates and fewer fees||Income goes to: Stockholders|
|Who can join: Anyone||Who can join: Anyone|