What Is a Credit Union and How Is It Different From a Bank?

Many people use the terms “credit union” and “bank” interchangeably, but they are not the same type of financial institution. Understanding how they differ can help you make informed decisions about where to manage your everyday financial needs. In this guide, we explain what a credit union is, how it operates, and how it compares to a traditional bank, with local context for readers in Atlanta, GA.

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