The chairwoman of the Credit Union of Texas talks about the benefits of membership.

Dallas, TX, – When credit union membership is offered through an employer, organization or other affiliation, some people are not exactly sure why taking advantage of eligibility can be a smart financial move. When the benefits of joining are explored in depth, the distinct differences members are likely to experience make it clear why so many people choose this option for their personal financial accounts.

“Credit unions are member-owned, not-for-profit cooperatives,” explains the chairwoman of the Credit Union of Texas. “Whether a new member makes a deposit of only a few dollars or thousands, he or she becomes an owner and is entitled to all the privileges that go along with owners.”

Credit union members are likely to notice these three benefits right away:

• Access to a higher level of service – Credit unions are member-driven. From investment products tailored to help members’ money work hard for them to friendly customer service at the counter, members will find credit union service levels go above and beyond the norm. After all, the financial professionals who assist members with their accounts are serving owners with every transaction.

• Access to better rates on investments – Credit unions do make profits, but they are channeled back to the membership. One of the ways this occurs is through a higher interest rate set on investment accounts.

• Access to lower rates on borrowed funds – Credit union members are also subject to lower rates on borrowed money. Whether the funds come from loan proceeds or credit card transactions, members pay less.

“Credit union membership comes with the advantages that go along with being a part owner in the cooperative,” says the chairwoman of the Credit Union of Texas. “From lower rates on loans to exceptional customer service, the benefits add up to an outstanding experience for members.”

About Credit Union of Texas
Experience more at CUTX: more security with our Secure Plus checking account, more savings with our competitive auto loan and refinance rates and more top-notch customer service. Visit our local store in (City) or online at CUTX.org and join us today. Federally Insured by NCUA.