{"id":1270,"date":"2020-04-03T11:26:45","date_gmt":"2020-04-03T16:26:45","guid":{"rendered":"http:\/\/formationcu.com\/?page_id=1270"},"modified":"2026-03-24T08:35:21","modified_gmt":"2026-03-24T13:35:21","slug":"choose-credit-unions","status":"publish","type":"page","link":"https:\/\/formationcu.com\/?page_id=1270","title":{"rendered":"Why Choose A Credit Union?"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row full_width=&#8221;stretch_row&#8221; equal_height=&#8221;yes&#8221; remove_bottom_col_margin=&#8221;true&#8221; css=&#8221;.vc_custom_1711467542165{margin-top: 0px !important;padding-top: 60px !important;padding-bottom: 60px !important;background-color: #ffffff !important;}&#8221;][vc_column][vc_row_inner equal_height=&#8221;yes&#8221; gap=&#8221;25&#8243; css=&#8221;.vc_custom_1711467613351{padding-top: 30px !important;background-color: #ffffff !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1659623507072{padding-top: 27px !important;}&#8221; offset=&#8221;vc_hidden-sm&#8221;][vc_custom_heading text=&#8221;For People Instead<br \/>\nof Profit&#8221; font_container=&#8221;tag:h1|font_size:40|text_align:left|color:%230e183a|line_height:1.1&#8243; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInRight&#8221;][vc_empty_space]<div class=\"vcex-module vcex-divider vcex-divider-solid vcex-divider-left wpex-mr-auto wpex-max-w-100 wpex-block wpex-h-0 wpex-border-b wpex-border-solid wpex-border-main\" style=\"width:20%;border-bottom-width:5px;border-color:#4c9f70;\"><\/div>[vc_empty_space][vc_column_text]\n<p style=\"text-align: left; font-size: 20px; line-height: 25px;\"><span style=\"font-weight: 400;\">Whether you are considering joining the Formation Credit Union family or have been a member for 30 years, you still may wonder, \u201cWhat separates a credit union from a bank?\u201d The short answer is &#8211; a lot. <\/span><span style=\"font-weight: 400;\">We are a nonprofit corporation that is equally owned by all of our members. Instead of focusing on our stock value and pleasing executive board members, we are entirely devoted to helping our members. Our team provides the same services as a bank, but our outlook and attitude could not be more different.<\/span><\/p>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_hidden-sm&#8221;][vc_empty_space][vc_video link=&#8221;https:\/\/youtu.be\/y9ylqNTu-dI&#8221; align=&#8221;center&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1585178203691{padding-top: 30px !important;}&#8221;][vc_column_inner width=&#8221;1\/6&#8243; css=&#8221;.vc_custom_1659623547129{padding-top: 27px !important;}&#8221; offset=&#8221;vc_hidden-lg vc_hidden-md vc_hidden-xs&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243; offset=&#8221;vc_hidden-lg vc_hidden-md vc_hidden-xs&#8221;][vc_video link=&#8221;https:\/\/youtu.be\/y9ylqNTu-dI&#8221; align=&#8221;center&#8221;][vc_column_text css=&#8221;.vc_custom_1711464290715{margin-top: 30px !important;}&#8221;]\n<p style=\"font-size: 22px; line-height: 28px; text-align: center;\"><span style=\"font-weight: 400;\">Whether you are considering joining the Formation Credit Union family or have been a member for 30 years, you still may wonder, \u201cWhat separates a credit union from a bank?\u201d The short answer is &#8211; a lot. <\/span><span style=\"font-weight: 400;\">We are a nonprofit corporation that is equally owned by all of our members. Instead of focusing on our stock value and pleasing executive board members, we are entirely devoted to helping our members. Our team provides the same services as a bank, but our outlook and attitude could not be more different.<\/span><\/p>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243; offset=&#8221;vc_hidden-lg vc_hidden-md vc_hidden-xs&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner css=&#8221;.vc_custom_1769618251382{padding-top: 25px !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243;]<style>.vcex-button.vcex_6a63bf4e8ea73{background:#0e183a;color:#ffffff!important;}.vcex-button.vcex_6a63bf4e8ea73:hover{background:#ffffff!important;color:#0e183a!important;}<\/style><div class=\"vc_custom_1774359317664 wpex-clr\"><a href=\"https:\/\/formationcu.originate.fiservapps.com\/11aF1CwapWv1syn\/getting-started\/landing-page\" class=\"vcex-button theme-button inline cta-btn vcex_6a63bf4e8ea73\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"vcex-button-inner theme-button-inner wpex-flex wpex-flex-wrap wpex-items-center wpex-justify-center\">Become A Member<\/span><\/a><\/div> [\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;]<style>.vcex-button.vcex_6a63bf4e8f2a0{background:#0e183a;color:#ffffff!important;}.vcex-button.vcex_6a63bf4e8f2a0:hover{background:#ffffff!important;color:#0e183a!important;}<\/style><div class=\"vc_custom_1711465411711 wpex-clr\"><a href=\"http:\/\/formationcu.com\/rates\/\" class=\"vcex-button theme-button inline cta-btn vcex_6a63bf4e8f2a0\"><span class=\"vcex-button-inner theme-button-inner wpex-flex wpex-flex-wrap wpex-items-center wpex-justify-center\">Lending Rates<\/span><\/a><\/div> [\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1711465582120{padding-top: 80px !important;padding-bottom: 80px !important;background-image: url(http:\/\/formationcu.com\/wp-content\/uploads\/2023\/11\/navy-bg.png?id=2838) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column][vc_custom_heading text=&#8221;Credit Unions vs. Banks&#8221; font_container=&#8221;tag:h1|font_size:50|text_align:center|color:%23ffffff|line_height:1.1&#8243; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInRight&#8221;][vc_empty_space]<div class=\"vcex-module vcex-divider vcex-divider-solid vcex-divider-center wpex-mx-auto wpex-max-w-100 wpex-block wpex-h-0 wpex-border-b wpex-border-solid wpex-border-main\" style=\"width:20%;border-bottom-width:5px;border-color:#4c9f70;\"><\/div>[vc_empty_space][vc_row_inner gap=&#8221;25&#8243;][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1711465659121{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;background-color: #ffffff !important;}&#8221;][vc_custom_heading text=&#8221;Credit Unions&#8221; font_container=&#8221;tag:h2|font_size:30|text_align:center|color:%230E183A&#8221; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInLeft&#8221; css=&#8221;.vc_custom_1711465677616{padding-top: 20px !important;}&#8221;]<style>.vcex-bullets.vcex_6a63bf4e8f9dc{color:#ffffff;}<\/style><div class=\"vcex-module vcex-bullets vcex-bullets--vertical vcex-bullets-ni  wpb_animate_when_almost_visible wpb_fadeInLeft fadeInLeft vcex_6a63bf4e8f9dc\">\n<ul role=\"list\">\n<li><span style=\"color: #0e183a\"><strong>Goal: <\/strong>Help members<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Ownership: <\/strong>Equally owned by all members<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Decisions: <\/strong>Democratically controlled by members<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Profits: <\/strong>Returned to members in the form of lower fees and better rates<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Insurance: <\/strong>Federally insured by NCUA<\/span><\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1769618385040{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 60px !important;padding-left: 30px !important;background-color: #ffffff !important;}&#8221;][vc_custom_heading text=&#8221;Banks&#8221; font_container=&#8221;tag:h2|font_size:30|text_align:center|color:%230e183a&#8221; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInRight&#8221; css=&#8221;.vc_custom_1711465797532{padding-top: 20px !important;}&#8221;]<style>.vcex-bullets.vcex_6a63bf4e8fdf6{color:#ffffff;}<\/style><div class=\"vcex-module vcex-bullets vcex-bullets--vertical vcex-bullets-ni  wpb_animate_when_almost_visible wpb_fadeInRight fadeInRight vcex_6a63bf4e8fdf6\">\n<ul role=\"list\">\n<li><span style=\"color: #0e183a\"><strong>Goal:<\/strong> Profit<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Ownership: <\/strong>Stockholders &amp; Executives<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Decisions: <\/strong>Made by paid officials<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Profits: <\/strong>Returned to stockholders<\/span><\/li>\n<li><span style=\"color: #0e183a\"><strong>Insurance:\u00a0<\/strong>Federally insured by FDIC<\/span><\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1711467588289{margin-left: 0px !important;padding-top: 60px !important;padding-left: 0px !important;background-color: #ffffff !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column css=&#8221;.vc_custom_1587156523552{margin-right: 0px !important;}&#8221;][vc_row_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_single_image image=&#8221;3124&#8243; alignment=&#8221;center&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_custom_heading text=&#8221;Member-Owned. <strong>Member-Driven.<\/strong>&#8221; font_container=&#8221;tag:h2|font_size:40|text_align:left|color:%230e183a|line_height:1.1&#8243; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInRight&#8221;][vc_empty_space]<div class=\"vcex-module vcex-divider vcex-divider-solid vcex-divider-left wpex-mr-auto wpex-max-w-100 wpex-block wpex-h-0 wpex-border-b wpex-border-solid wpex-border-main\" style=\"width:20%;border-bottom-width:5px;border-color:#4c9f70;\"><\/div>[vc_empty_space][vc_custom_heading text=&#8221;As a non-profit corporation that is well-capitalized, Formation Credit Union strives to absorb product and service costs for its members and give the most competitive rates for loans and deposits.<br \/>\nWe are a family-focused entity. Our focus has been and always will be on helping our members. This has been our mission since 1939 and will continue to guide every decision we make.&#8221; font_container=&#8221;tag:p|font_size:20px|text_align:left|color:%230e183a|line_height:24px&#8221; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInRight&#8221; css=&#8221;.vc_custom_1711467202822{padding-top: 0px !important;}&#8221;][vc_empty_space]<style>.vcex-button.vcex_6a63bf4e905d2{background:#0e183a;color:#ffffff!important;}.vcex-button.vcex_6a63bf4e905d2:hover{background:#ffffff!important;color:#0e183a!important;}<\/style><div class=\"vc_custom_1711467034030 wpex-clr\"><a href=\"http:\/\/formationcu.com\/about-us\/\" class=\"vcex-button theme-button inline cta-btn vcex_6a63bf4e905d2\"><span class=\"vcex-button-inner theme-button-inner wpex-flex wpex-flex-wrap wpex-items-center wpex-justify-center\">Our History<\/span><\/a><\/div> [\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; equal_height=&#8221;yes&#8221; remove_bottom_col_margin=&#8221;true&#8221; css=&#8221;.vc_custom_1711467542165{margin-top: 0px !important;padding-top: 60px !important;padding-bottom: 60px !important;background-color: #ffffff !important;}&#8221;][vc_column][vc_row_inner equal_height=&#8221;yes&#8221; gap=&#8221;25&#8243; css=&#8221;.vc_custom_1711467613351{padding-top: 30px !important;background-color: #ffffff !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1659623507072{padding-top: 27px !important;}&#8221; offset=&#8221;vc_hidden-sm&#8221;][vc_custom_heading text=&#8221;For People Instead of Profit&#8221; font_container=&#8221;tag:h1|font_size:40|text_align:left|color:%230e183a|line_height:1.1&#8243; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;fadeInRight&#8221;][vc_empty_space][vc_empty_space][vc_column_text] Whether you are considering joining the Formation Credit Union family or have been a member for 30 years, you still may wonder,&hellip;<\/p>\n","protected":false},"author":17,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1270","page","type-page","status-publish","hentry","entry","no-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Choose A Credit Union? - Formation Credit Union<\/title>\n<meta name=\"description\" content=\"\u201cWhat separates a credit union from a bank?\u201d The short answer is \u2013 a lot. 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