Why cooperative financial institutions? These institutions, also known as Credit Unions, have members, not customers. They offer those members from all walks of life needed financial services and much more.
A credit union is a customer/member owned financial cooperative, democratically controlled by its members, and operated for the purpose of maximizing the economic benefit of its members by providing financial services at competitive and fair rates.
Learn more about the cooperative banking model:
http://www.eacb.coop/en/cooperative-banks/definition-and-characteristics.html
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