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Credit Unions vs. Banks: How to Decide

A practical decision matrix for service quality, rates, branch needs, and fees.

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Neither structure is universally better. Fit depends on your transaction and borrowing profile.

Where credit unions shine

Often competitive on member-focused pricing and community service alignment.

Where banks can win

Broader product stacks, more advanced digital tools, and larger ATM/branch footprint.

Takeaway

Pick the institution that minimizes friction in your highest-frequency workflows.