Credit Union Membership Offers Financial Advantages in Elmhurst, IL

by | Feb 13, 2020 | Financial and Insurance

Credit unions are not-for-profit financial institutions providing traditional services with a personal touch. They offer an array of benefits designed to give you the best possible customer service experience and effective money management strategies.

More Than a Customer

Account holders are not just customers; they’re credit union members. The organization is owned and operated by members who elect a board of directors to oversee operations. Large returns for investors aren’t the goal so profits often create monetary benefits for members. There may be specifications for membership in credit unions in Elmhurst, such as living or working in certain townships.

Financial Advantages

Since customer care is the focus instead of profits, members might earn higher interest rates on savings accounts, have lower overdraft and ATM fees, and save money with lower loan rates. Talk with staff members at credit unions in Elmhurst to find the most favorable perks.

Personalized Service

If you have a low credit score, applying for a loan may not be difficult. Loan advisors often are available for one-on-one meetings so you can explain issues such as temporary unemployment or medical expenses that affected your credit score. Advisors at credit unions in Elmhurst may have ideas to help you reach your long-term goals with opportunities for growing your savings and building your credit history.

Find More Details Online

The professionals at Leyden Credit Union work to improve the financial well-being of their members. To learn more about their free resources and community involvement as well as their accounts and services.

Latest Articles

Categories

Archives