信用合作社的7个好处
信用社比银行好吗? There are many benefits of credit unions once you become a member. You may be asking 你的self if it is time to make the switch. We’ve outlined 7 advantages of credit unions in this article to help you make 你的 decision.
信用社与银行
When weighing the advantages of a credit union vs a bank, it is important to understand what a credit union is.
信用合作社 are cooperative financial institutions owned and operated by their members — not shareholders. That means most credit unions offer higher interest deposit accounts and loans with better rates.
While belonging to a large financial institution has its advantages, there are just some benefits you won’t find anywhere but a credit union. Here are 7 benefits of credit unions that might make you think twice about getting an account with one of the big guys.
1. 更低的费用
信用合作社提供的费用往往低于银行. This is because of their not-for-profit business structure and their tax-exempt status. 而不是支付给股东, credit unions are able to reinvest their earnings back into their members, decreasing the need to charge fees such as overdraft penalties.
2. 更好的节约
根据 National Credit Union Administration’s credit union and bank rates report for 2021, credit unions offer better interest rates than banks on their CDs and savings accounts. In the first quarter of 2021, the national average rate for a 5-year CD is 0.76 for credit unions, while the national average rate for banks is only 0.63.
3. 较低的贷款利率
In addition to offering better rates on savings accounts, credit unions are also known for offering lower interest rates on loans. Many credit unions offer all the products that banks do, from car loans to mortgages. 然而, credit unions are able to offer better rates on these same products because of their not-for-profit business model.
看看 加州海岸的汽车贷款利率, which are significantly lower than the national average rates for banks.
4. 当地专家
根据 1934年颁布的《联邦信用合作社法, credit unions provide membership to a specific population. A credit union’s field of membership could be a specific occupation or location. For example, we welcome anyone who lives or works in San Diego or Riverside counties to 成为加州海岸大学的会员.
信用合作社 often offer financial counseling led by local experts, like 这些免费的金融工作坊 可通过加州海岸获得. 通过提供由当地企业主领导的研讨会, credit unions can help provide more specific financial education for their members.
5. 对会员的承诺
作为非营利企业, credit unions rely on their membership to continue operating, 而不是被利润所驱使. Members of credit unions enjoy the benefits of the organization’s strong focus on personalized customer service.
One of the ways credit unions can support their members is by giving back to the local community. For example, Cal Coast created a foundation to provide grants for teachers and scholarships for students in San Diego and Riverside Counties.
6. 选举产生的董事会
One of the benefits of being a member of a credit union is the ability to participate in the election of leadership in the organization. 自然, this means that members can help guide the major financial decisions and corporate goals of their credit union.
7. 对社区的投资
信用合作社 make a commitment to investing in local communities. While national banks invest in large scale industrial projects, credit unions partner with local organizations to keep their earnings circulating within their communities. The goal is to improve the lives of the people in their membership base and add value to the community in which they operate.
Cal Coast has partnerships with numerous local organizations，包括 圣地亚哥人道主义协会, 雷迪儿童医院，和 越南裔美国青年联盟.
Switching to a credit union has many benefits for both members and the community at large.
At Cal Coast, we’re committed to the credit union mission. As the longest serving financial institution in San Diego, we’re committed to serving the people of Southern California.
了解更多 about the benefits beyond banking with membership at Cal Coast Credit Union.
