Saving money is as important as making money. Saving allows you to prepare for life’s unexpected situations such as illness, as well as planned large purchases such as buying a home, a car, going on vacation, retirement, and paying for education.
Credit unions are not-for-profit, member-owned, financial cooperatives, whose earnings are paid back to members in the form of higher savings rates and lower loan rates. Credit union members are, in that sense, both customers and owners.
