Credit unions are not-for-profit institutions where members are co-owners. We focus our energy on improving service and returning value to our members in the form of lower loan rates and higher deposit yields. We embrace community involvement and social responsibility which extends beyond our members to the broader communities that we serve as well. Credit unions benefit everyone, whether they are a credit union member or not. We believe in the power of the collective, and that’s why we’re so proud of our credit union.
Credit unions and banks offer similar services, but there are some big differences between the two.
Because credit unions are member owned and not overseen by outside stakeholders, they typically offer higher yields on savings and checking accounts, lower loan rates and fewer service fees than traditional banks. Dividends are reinvested in the credit union to help deliver these better rates and fees.
Another major difference between banks and credit unions is that every credit union member has a voice and a vote to help set the path for the credit union. Each member can vote during leadership elections to help shape the future of their institution.
Since 1938, Wings Financial Credit Union has been committed to growing its members’ financial well-being. Watch this video to learn about Wings, membership benefits and why more than 250,000 members choose us as their credit union.
Here, you’re not just a number in the system. You’re a member-owner in one of the country’s top credit unions. Wings Financial is a not-for-profit institution dedicated to helping members get ahead with money-saving services and real-life money skills. Take the next step – join the Wings family.