Not-for-profit

Profit-oriented

Returns profits to members in the form of lower loan rates, higher savings rates, and free or low-cost services.

Returns profits to stockholders

Each person who deposits money is a member with a share of ownership

Customers have no ownership in the corporation

Members elect a volunteer Board of Directors to represent their interests

Controlled by stockholders and paid officials

Member-service driven

Profit-driven

Are federally insured by the National Credit Union Administration or a private insurer (CSLA-FCU is Federally Insured.)

Are federally insured by the Federal Deposit Insurance Corporation

Can serve only those individuals within their field of membership

Can serve anyone in the general public