Why Join a Credit Union?

Post Community Credit Union provides more opportunity because it is owned and governed by the people who utilize its products and services. Every member owns a share of the Credit Union, and the Credit Union operates to promote the financial well being of all its members. And because we’ re not-for-profit, members earn higher dividends on savings, pay lower rates on loans and appreciate a higher level of service overall. Credit Unions and banks offer many of the same products and services; however they differ in many ways. Here’ s how…

Post Community CULocal or National Banks
Type of Organization
Not for profit, not for charity, but for serviceGenerates profit for shareholders
Who Can Join?
Anyone who lives, works, worships or attends schools in 7 Michigan counties (see ” How to Join” )General public
Who Owns It?
Board of Directors
Unpaid volunteersPaid shareholders
Typically, we have fewer and lower fees than those of banksFees generally account for one-third of banks’ total profits
Income Goes To
Interactions With Like Financial Institutions
Deposits Insured By
NCUA (National Credit Union Administration)FDIC (Federal Deposit Insurance Corporation)