What Is a Credit Union?

Credit unions are different from other financial institutions. We are member-owned, not-for-profit cooperatives. Our income, after expenses and reserves, is returned to members in the form of lower rates on loans, higher dividends on savings and many no-fee services. More than 87 million Americans belong to Credit Unions.

Credit Unions Banks
Not-for-profit cooperatives For Profit
Owned by members Owned by outside stockholders
Operated by volunteer boards Run by paid boards

Are you a BrightStar member yet?  It’s free and easy to join—open your account online in minutes.

About BrightStar Credit Union

BrightStar Credit Union is a not-for-profit, member-owned financial cooperative based in South Florida. If you live, work or go to school in Broward or Palm Beach counties, you can join!

Posted on 06/07/2010, in The CU Difference. Bookmark the permalink. Leave a comment.

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