What is a credit union?
A Credit Union is a not-for-profit, member-owned, cooperative financial institution that provides savings, credit and other financial services to its members. Earnings are returned to the members via bonus dividends, better rates and enhanced services.
What does this mean for Iowa?
Iowa credit unions provide more than one million members with $100 million in savings annually compared to what they would have paid at a bank, and contribute $1.1 billion to the state economy.