When we ask people what they think the difference is between a bank and a credit union, we often hear answers like, “It’s like a bank, only smaller,” or “Credit unions only accept certain people,” as if they are some kind of exclusive club.

The primary difference between a bank and a credit union is that a bank exists to enhance the wealth of its shareholders while a credit union serves the unique needs of its members. By holding an account with a credit union, you essentially become a shareholder yourself.

We wanted to address this and other misunderstandings regarding credit unions and provide a few reasons why you might want to consider adopting one like Vantage West as your financial partner.

Check out the perks and incentives of becoming a Vantage West member.

6 Benefits of Choosing Vantage West:


Customer Loyalty

Vantage West vs. Credit Unions & National Banks

Vantage West
71%
Credit Unions
59%
National Banks
9%