Credit unions love to advertise how they are about people and community rather than just earning a profit. They have every reason to want to brag about this, because this was the reason they were created. With over a century of history, credit unions really can honestly talk about how they work to help their communities.
Many of this type of not-for-profit financing service in Raymond, MS was designed to help out those who, at the time, were unable to get loans through any other type of institution. This included farmers or lower middle-class families on limited budgets. Many of these people were once refused loans because of their lack of collateral or perceived risk, but credit unions saw beyond that and made it possible for many to improve their standard of living.
Today, these lending companies are still providing financial solutions to people who may have no other options. But they also offer a lot of benefits to anyone who wants to be a member of their union. Since there is no worry about creating a profit which will please their shareholders, credit unions are able to offer all of the services you expect and need, but for less than most banks.
Checking accounts, savings accounts, loans and more are available with no fees. Their loan rates and credit cards rates are some of the lowest you will find from any type of financing service in Raymond, MS. These accounts are not stripped-down accounts with no benefits as they offer the same extras as any found through a traditional bank.
All of the same perks banks enjoy are available too such as online access to accounts, but even more is often found through their commitment to their community. These can be in the financial advice they offer, time they spend helping local charities and scholarship programs for their members and their children.
Stop in and learn more about Credit Union. Discover how credit unions are some of the most modern and innovative banking options people can choose. Contact them today to arrange for an appointment to find out how you can become a member.
