Credit Union Membership: What’s in It for You
Managing finances can feel like a frustrating chore when dealing with the clunky processes, high fees, and poor customer service often encountered at big banks. It’s understandable to want more personalized attention when managing your hard-earned money.
Imagine banking with an institution that offers financial services, a sense of community, and one-on-one attention. There’s no need to imagine—credit unions directly benefit members by offering many products and services tailored to their needs.
Read on to learn more about the benefits of being a credit union member.
Why Choose Credit Union Membership?
Credit unions differ from traditional banks by ensuring members directly benefit from their services. Membership makes you a part owner of the institution. Your stake in ownership means the credit union’s success is also yours. This structure ensures that the financial benefits enjoyed by the credit union extend to you as well.
Your membership grants you voting rights to participate in key decisions, impact policies, and select board members. This democratic approach aligns the credit union’s actions with your financial needs.
Benefits of Being a Jeanne D’Arc Credit Union Member
Jeanne D’Arc members enjoy a range of personalized services. Whether it’s advice on savings accounts, loans, or business banking, our staff provides expert guidance with a personal touch.
Joining our credit union family gives you access to a tailored selection of products and services. We create them with members in mind to ensure excellent value through competitive rates and low fees.
There are many other credit union membership benefits, including:
Community Involvement and Support
At Jeanne D’Arc Credit Union, we are deeply committed to supporting our community. Our “Small Acts That Give Back” program focuses on spreading kindness, recognizing local heroes, and aiding small businesses. We also celebrate National Nonprofit Day by making donations to various charities.
In 2023, we awarded $20,000 in college scholarships through our MoneyStrong and Employee Scholarship programs. Moreover, our foundation, We Share a Common Thread, successfully raised over $115,000 at its Annual Fundraiser to assist local organizations in various areas, including food, shelter, clothing, health, and education.
Personalized Service That Outshines Banks
Offering unparalleled service is not just a promise—it’s a daily practice. At Jeanne D’Arc, we treat you like family. Our staff members pay attention and go the extra mile to help you navigate life’s financial intricacies.
We outshine traditional banking experiences through our member-first philosophy. Our team dedicates itself to offering tailored advice and attentive support. This approach ensures you feel valued as more than just another account number.
Earning Rewards Through Member Dividends
As a valued credit union member, you’re eligible to receive dividends, which are a share of the profits generated by the institution. These dividends are a tangible expression of the credit union’s success and are distributed back to you.
It’s a rewarding system that directly enhances your financial well-being and reflects the health and performance of your chosen financial community.
Financial Wellness
We are dedicated to providing financial education for all credit union members. Our partnership with GreenPath Financial Wellness gives access to free personalized counseling on various financial topics such as debt, credit, housing, and student loans.
Jeanne D’Arc Credit Union also offers financial workshops that actively engage various community groups. They focus on teaching practical financial skills through interactive and engaging methods. This effort is part of our commitment to improving financial literacy for people of all ages.
Our online resources feature the GreenPath Learning Lab+ and The Money Mill blog. Additionally, we offer scholarships and guidance for students navigating the world of higher education financing.
Competitive Rates and Low Fees
Credit unions stand out for offering competitive rates and low fees due to their not-for-profit status. They serve their members rather than shareholders and return extra revenue to the credit union. This leads to lower loan rates and higher savings yields for their members.
These institutions have lower overhead and focus on efficient operations. They often join forces with other credit unions to share resources, which helps minimize costs. The savings from this approach enables them to provide services with low or no fees thereby offering significant value to their members.
Experience Community Banking That Puts YOU First
If you’re looking for a financial institution that puts your interests first, a credit union like Jeanne D’Arc is just what you need. We foster community banking that makes your financial success our priority.
Click below to discover the value you’ll get from joining our financial family.