Dallas, TX — Generally, people are not aware of the advantages credit unions offer over banks and traditional lending institutes. GO Federal Credit Union wants its members to have the best rates on their investments and savings. When a person becomes a member, they receive not only voting privileges, but also benefits of numerous financial services.

Advantages of Credit Unions

• The member comes first: Once a customer opens an account, they become a member. Credit unions are not-for-profit cooperatives that are “owned” by their members. These financial institutions are in business to help their own members work toward attaining their own personal financial goals. Earnings, of course, are a part of doing business, but the proceeds that credit unions earn benefit their members. Credit unions are focused on providing their members with great service instead of concentrating their efforts on making profits for share holders.

• Lower fees and better interest rates: Credit union’s mission is to help their members get more from their money. Because of this, the cost of loans tends to be lower, dividend returns on savings are likely to be higher and the terms of obtaining credit may be less stringent for members.

• Willing to cooperate with members: While creditworthiness does matter, credit unions are often better positioned to help make their members’ personal financial dreams come true. Those members that have poor credit and were not previously eligible for a loan will find credit unions more helpful than a bank.

• Once a member always a member: A customer can be alifetime member of a credit union. All they have to do is keep their account open.

For individuals who want personalized attention and the ability to earn more from their savings, locally focused, member-driven credit unions are a great choice.

About GO Federal Credit Union

GO Federal Credit Union was established in 1937, accredits and commits to its members to fulfill their financial needs by offering competitive rates on savings and investments and great deals on loans.