Credit Unions vs Banks

We are not a bank.

Premier Members Credit Union serves the community, not the C-suite. Instead of making fat cats fatter, we pass our profits back to our members and fund initiatives that support the local schools and neighborhoods who need it most. Together, we all benefit, because it’s not about banking. It’s about belonging.

Why choose a credit union?

Choosing a credit union over a bank is one of the smartest financial decisions you can make. Banks are for-profit institutions that serve the needs of shareholders and investors. Credit unions are not-for-profits with member-owners who have an equal say in how the union is governed and run. They share their success with their members in the form of lower loan rates and higher savings interest.

Banks vs Credit Unions


  • For-profit
  • Owned by shareholders and investors
  • Charge high rates and pays low interest
  • Supports Wall Street

Credit Unions

  • Not-for-profit
  • Owned by members
  • Return profits to members as lower rates
  • Supports the local community

Convinced? Become a Member

Banking is broken

At Premier Members Credit Union, we do things differently. We believe in putting our members first and managing their money with the care of a craftsman. Our mission is to support our members and the wider community because we believe the world is better when we help each other succeed – guess we’re a little old fashioned like that.