Credit Union 101

America’s credit unions are dedicated to making sure that people have a stable financial footing to weather life’s emergencies.

With a not-for-profit member-owned structure, we work hard to find solutions that meet our members where they are. After all, we serve them, not Wall Street investors. For over a century, America’s credit unions have made a difference in underserved communities across the country by providing critical financial services to people banks overlook. Nearly 50% of credit unions have a specific focus on serving low-income communities—providing affordable interest loans, higher savings yields, and lower fees. See where credit unions are located in your legislative districts.



CREDIT UNIONS HELP WITH:


  • Surprise medical billing support
  • Stopgap funding when facing a job loss
  • Relief funds after a hurricane, fire, or tornado
  • Personalized debt consolidation support

  • Adoption and fertility treatment loans
  • Low-hurdle loans to help survivors of domestic violence make a fresh start
  • Emergency auto repair
  • Small business loans and much more

Learn about how credit unions are building better communities in your state

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

Key Credit Union Statistics

1 Million
Jobs
5,347
Credit Unions
120 Million
Members
$248
Financial Benefits per Household
$13 Billion
Total Financial Benefits for Americans
$223 Billion
Total Economic Impact
Jerome’s Story Credit Unions Teach Financial Literacy
Ann’s Story How Do Credit Unions Give Back

Explore how credit unions are benefiting Rural Areas, Small Businesses, and Underserved Communities.

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