Houston Texas Fire Fighters Federal Credit Union
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Credit Unions Are Different!

From the outside, a credit union might look just like a bank. It's where you go to do things like:

Real story: Credit union gives a single father of three the financial help he needs.

But if you look closer, you'll see that a credit union is a special kind of financial institution. It's not like a bank.

What's the key factor that sets credit unions apart from banks?

You are an owner

Credit unions stress cooperation.
I own my credit union!

When you join a credit union, you're also a part owner, not just a customer like in a bank. That's because credit unions are cooperatives.

Members elect fellow members to serve on the board of directors, which sets credit union policies.

Banks aren't cooperatives. They have to earn a profit for their owners, the stockholders.

Since credit unions are not-for-profit businesses, and their board members are almost entirely unpaid volunteers, they have a lower cost of doing business. They are also exempt from certain types of taxes.

You benefit in many ways:

They'll even come to your school

Many credit union employees visit schools and teach students how to budget and save money.

In addition, credit union branches are located inside about 700 schools across the US. All of them are student-run to some degree.  Check out this one online!

You can save money at your credit union. It's the best place for your money to grow, and you may even be able to help manage a credit union inside your school!

True or False: Franklin considered himself an Englishman until he signed the Declaration of Independence and drafted the Constitution. Click Ben's head for the answer.
TRUE. He loved English theater, witty conversation and great thinkers that lacked in America at the time.
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"CREDIT UNIONS REALLY DO CARE! I LOVE IT :)"
KevO, 17, San Marcos, TX

"WOW! Credit Union's really do have your back. The majority of their earnings come back to us, something that banks do not do."
KevO, 17, San Marcos, TX

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Houston Texas Fire Fighters Federal Credit Union What makes credit unions so great? Members like you.

Every dollar you invest in your credit union earns you money while other members borrow it.

When you're ready for a loan, other members' savings will be there to help you out at the lowest possible cost.
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