Credit Unions Are Keeping It Cool

Recent reports show that members of credit unions are benefiting from having chosen to be a member of a credit union rather than being a customer of a financial banking institution. A surge in positive outlooks has made credit unions more popular.

Reports include an increase in loan approvals for members, a growth in members depositing money into accounts over requesting loans, an increase in earnings, and a decrease in members filing for bankruptcy.

In today’s economy, many are asking for loans or filing for bankruptcy as opposed to having money to deposit in their accounts because of earnings. Yet, these reports show the opposite for credit union members, so credit unions must be doing something to maintain their stability and uphold good business practices.

Credit union members are benefitting from the advantages of being a member of a responsible institution and they make it easy for people to join.

Contact Us

For stability and assurance in your banking institution, contact Valley Federal Credit Union at (956) 425-5668. The Harlingen credit union branch is ready to help you get started.