Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (2024)

Table of Contents

  • What is a credit union?
  • What’s the difference between a bank and a credit union?
  • How do I find a credit union?
  • The bottom line

Article updated on Jun 6, 2023

When comparing banks and credit unions, look out for fees, minimum balance requirements and rates on savings products.

Why You Can Trust CNET Money

Our Experts

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (1)Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (2)

Written by

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (3)

Dan Avery

Writer

Dan is a writer on CNET's How-To team. His byline has appeared in Newsweek, NBC News, The New York Times, Architectural Digest, The Daily Mail and elsewhere. He is a crossword junkie and is interested in the intersection of tech and marginalized communities.

See full bio

Edited by

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (4)

Peter Butler

Writer

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed reviews and listings for Download.com during the 2000s, and is passionate about software and no-nonsense advice for creators, consumers and investors.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Our Experts

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (5)Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (6)

Written by

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (7)

Dan Avery

Writer

Dan is a writer on CNET's How-To team. His byline has appeared in Newsweek, NBC News, The New York Times, Architectural Digest, The Daily Mail and elsewhere. He is a crossword junkie and is interested in the intersection of tech and marginalized communities.

See full bio

Edited by

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (8)

Peter Butler

Writer

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed reviews and listings for Download.com during the 2000s, and is passionate about software and no-nonsense advice for creators, consumers and investors.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Why You Can Trust CNET Money

Table of Contents

  • What is a credit union?
  • What’s the difference between a bank and a credit union?
  • How do I find a credit union?
  • The bottom line
Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (9)

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (10)

Written by

Dan Avery

Writer

Dan is a writer on CNET's How-To team. His byline has appeared in Newsweek, NBC News, The New York Times, Architectural Digest, The Daily Mail and elsewhere. He is a crossword junkie and is interested in the intersection of tech and marginalized communities.

Advertiser Disclosure

CNET editors independently choose every product and service we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site.

Editorial Guidelines

Writers and editors and produce editorial content with the objective to provide accurate and unbiased information. A separate team is responsible for placing paid links and advertisem*nts, creating a firewall between our affiliate partners and our editorial team. Our editorial team does not receive direct compensation from advertisers.

How we make money

CNET Money is an advertising-supported publisher and comparison service. We’re compensated in exchange for placement of sponsored products and services, or when you click on certain links posted on our site. Therefore, this compensation may impact where and in what order affiliate links appear within advertising units. While we strive to provide a wide range of products and services, CNET Money does not include information about every financial or credit product or service.

Credit Unions and Banks: What’s the Difference and Which One Is Right For You? (2024)
Top Articles
Safe Haven Currencies
Bookings Way Down in 2023
Uca Cheerleading Nationals 2023
Dlnet Retiree Login
Obor Guide Osrs
Kokichi's Day At The Zoo
Here are all the MTV VMA winners, even the awards they announced during the ads
Learn How to Use X (formerly Twitter) in 15 Minutes or Less
Current Time In Maryland
A rough Sunday for some of the NFL's best teams in 2023 led to the three biggest upsets: Analysis - NFL
Conan Exiles Colored Crystal
Weather Rotterdam - Detailed bulletin - Free 15-day Marine forecasts - METEO CONSULT MARINE
All Obituaries | Buie's Funeral Home | Raeford NC funeral home and cremation
Zoe Mintz Adam Duritz
Uta Kinesiology Advising
ABCproxy | World-Leading Provider of Residential IP Proxies
Raz-Plus Literacy Essentials for PreK-6
Homeaccess.stopandshop
2013 Ford Fusion Serpentine Belt Diagram
Where to eat: the 50 best restaurants in Freiburg im Breisgau
All Breed Database
Sec Baseball Tournament Score
Rogue Lineage Uber Titles
Обзор Joxi: Что это такое? Отзывы, аналоги, сайт и инструкции | APS
Airline Reception Meaning
Jackie Knust Wendel
Netspend Ssi Deposit Dates For 2022 November
Nikki Catsouras: The Tragic Story Behind The Face And Body Images
Poe T4 Aisling
How Much Is An Alignment At Costco
Indiana Jones 5 Showtimes Near Jamaica Multiplex Cinemas
Everything You Need to Know About NLE Choppa
Wednesday Morning Gifs
Closest 24 Hour Walmart
A Man Called Otto Showtimes Near Amc Muncie 12
Reborn Rich Ep 12 Eng Sub
450 Miles Away From Me
Mvnt Merchant Services
140000 Kilometers To Miles
US-amerikanisches Fernsehen 2023 in Deutschland schauen
Dragon Ball Super Super Hero 123Movies
Scythe Banned Combos
Copd Active Learning Template
Zom 100 Mbti
Craigslist Sparta Nj
Blippi Park Carlsbad
Blog Pch
Craiglist.nj
March 2023 Wincalendar
Divisadero Florist
Suzanne Olsen Swift River
Bumgarner Funeral Home Troy Nc Obituaries
Latest Posts
Article information

Author: Prof. An Powlowski

Last Updated:

Views: 6641

Rating: 4.3 / 5 (44 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Prof. An Powlowski

Birthday: 1992-09-29

Address: Apt. 994 8891 Orval Hill, Brittnyburgh, AZ 41023-0398

Phone: +26417467956738

Job: District Marketing Strategist

Hobby: Embroidery, Bodybuilding, Motor sports, Amateur radio, Wood carving, Whittling, Air sports

Introduction: My name is Prof. An Powlowski, I am a charming, helpful, attractive, good, graceful, thoughtful, vast person who loves writing and wants to share my knowledge and understanding with you.