At first glance, there may not seem to be much difference between credit unions and banks. They both offer similar products and services. However, credit unions differ from traditional banks in many ways.

 

Credit Unions. For People. Not Profit.

As a Member-owned entity, rather than stockholder ownership, credit unions are not-for-profit. After operating expenses and reserve requirements are met, the remaining income is returned to Members as higher dividends on savings, lower interest rates on loans, fewer and lower fees, and investments in technology for added convenience and access. Also, credit unions are insured by the National Credit Union Administration (NCUA), a U.S. government agency, for deposits up to $250,000.

Most importantly, credit unions are committed to the financial well-being of their Members. At Orange County's Credit Union, we provide resources such as well-trained Associates, educational web content, and engaging workshops to help you make informed financial decisions.

In short, you and other Members are the focus of credit unions. Your participation is what Member ownership is all about. You can let us know how we're doing and what services you want by contacting us online or calling us at (888) 354-6228.