We are Best Credit Union
Best Credit Union is not a bank. To us, "bank" is a four-letter word.
We’re a member-owned cooperative that was established and continues to operate on the principal of members helping members. We’re not owned by a holding company or some crazy, faceless conglomerate. We’re owned by over 40,000 members that are just like you.
Best Credit Union is not-for-profit. That means after meeting essential reserve requirements and paying operational expenses, profits are returned to our members in the form of:
- Higher savings dividends
- Lower loan rates
- Reduced rates for member services
- And more...
It’s time to stop banking with traditional financial institutions that put profits ahead of people. It’s time to start banking with a full-service credit union that can help you live your best life!
How We Differ From a Bank
| Best Credit Union | A Bank |
|---|---|
| Members are the owners | Stockholders are the owners |
| Members earn dividends | Stockholders earn the dividends |
| Each depositor, now owner, has one vote at our annual meeting, regardless of dollars on deposit | Stockholders have a number of votes determined by the numbers of shares of stock they own. |
| Unpaid, volunteer Board of Directors | Paid Board of Directors |
| Depositors (owners) elect their board from among members. | Stockholders elect their board |
| Owners' voice determines the CU's direction | Stockholders determine direction |
| Lend only to our owners | Loan to non-owners, customers |
| Offer better rates | Charge more fees |
| Organized to meet the financial needs of its members | Organized to make profit for its stockholders |
