Disclosure: The following is a sponsored post. All thoughts and opinions are my own.
Not long after my husband and I got married 18 years ago, we decided to join a local credit union. The main reason: Community. Local credit unions want individuals and small businesses to prosper, that’s why they go the extra mile by offering resources like loans and other services to their members. Not only do they offer the same services large banks do, they offer them at a lower costs so we can put that money back into our local economy. Plus, a local credit union offers the face to face relationship and understands local need which intimately ties our community together.
My husband and I have been researching vehicles and honestly, the entire thing depresses me. I seek solace in the fact that my local, Louisiana credit union can offer a better interest rate and will make securing loan approval less stressful. Plus my loan will help boost our local economy out and provide the economic impact in our community needs.
Did you know that today is International Credit Union Day? You might think Credit Unions are just another kind of banks, but you’d be very wrong. Credit Unions are members of our local community, and work very differently than the large banks you might be familiar with. In 2014 alone, Louisiana credit unions provided more than 282,000 consumer loans and over $180 million in business loans.
Learn more by reading the infographic below, and then click on through to ASmarterChoice.org to find a Credit Union near you.