Skip to Main Content

Credit Unions

Different from traditional banks, credit unions offer member-focused financial services and a community-oriented approach, making them an attractive choice for consumers seeking personalized banking experiences.

Explore credit union basics

Credit sign on stone wall building
Evaluate the benefits and drawbacks to decide if a credit union is right for you.
Coworkers discussing a project
Here’s how to find the credit union that will best fit with your financial needs.
Two coworkers sharing an interaction in a nice office building
Here’s what you need to do to become a credit union member.

Compare products offered by credit unions

Mortgages

Credit union vs. bank mortgages: How to choose

Discover the benefits and disadvantages of getting a mortgage loan from a credit union and how to choose the right lender with expert insights from Bankrate.

Arrow Right Icon
Loans

Getting a personal loan from a credit union

When considering personal loans offered by credit unions, use this guide to make an informed decision about your borrowing needs.

Credit Cards

Best credit union credit cards

These credit cards may not be as widely known or used compared to traditional issuers, but many offer lower interest rates to help you save money if you can’t pay your balance in full.

Image for Banks vs. credit unions: Where to keep your money
Banking

Banks vs. credit unions: Where to keep your money

Bankrate helps you compare the advantages of banks and credit unions to make the smartest choice for housing your finances.

 

Arrow Right Icon

Experts in all things banking

Our expert writers and editors bring you timely news and reliable information - backed by data and first-hand experience.

About Bankrate's team
Greg McBride

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Latest articles

A friendly female customer service representative
These are the 10 largest credit unions in the United States based on assets.
Credit Union
Check out this list of credit unions that have failed since 2012.
Closeup of someone counting money
The National Credit Union Administration is similar to the FDIC, which covers banks.
Credit sign on stone wall building
Evaluate the benefits and drawbacks to decide if a credit union is right for you.
Whimsical artwork of four piggy banks standing atop of four stacks of coins, gradually increasing in height
If you’re looking to save with a credit union, here are the top rates available.
Coworkers discussing a project
Here’s how to find the credit union that will best fit with your financial needs.
vystar credit union building in jacksonville, FL
Technology upgrades are at the heart of the outage, which has gone on for days.
Placeholder image
One Florida credit union aims to offer an alternative to check-cashing stores by starting their own, offering lower interest rates and fees. Elsewhere, middle-income consumers and college students are [...]
Navy Federal Credit Union opened a branch on Jan. 11 in Douglasville, Georgia.
Bank branches in the U.S. has been steadily declining for years, but Navy Federal has taken a different approach.
Illustration of individual getting a coronavirus vaccine.
Apprehensive consumers could stall a post-pandemic boom that many Americans have been clamoring for.
A woman lounges on the beach.
Here’s how these funds can help you achieve your goals.
President Joe Biden in the Oval Office
Biden may want to hold off on raising taxes as the economy recovers — for now.
Capitol Hill in Washington, D.C.
Legislators will soon get to work on drawing up the next round of coronavirus relief.
Student works in college library
Taking a close look at your tax status will be especially vital if you’re still in school.
Federal Reserve Chair Jerome Powell speaks at post-meeting press conference
For consumers, the pros and faults of today’s low-rate world will prevail for months, if not years, to come.
Joe Biden is sworn in as U.S. President as his wife Dr. Jill Biden stands beside him.
Carefully managing your finances will be crucial, even if more aid is around the corner.
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc