03/06/2024
There are many benefits of credit union membership.
But what is a credit union? Unlike banks, credit unions are owned by the members they serve. This means that any profits can pay off for credit union members in the form of lower fees and higher savings rates.
A lot of credit union or Savings and Credit Cooperative members like the idea that their savings accounts help other members of the Savings and Credit Cooperative get loans to buy their first homes or secure business loans to build the businesses of their dreams.
Since savings and credit cooperatives are not-for-profit financial institutions, their focus can emphasize better services for their member-owners. You can potentially benefit from this in a variety of ways. For more information on how you can become a member you can visit us at Office No3, Kotzen Centre, Gerritz Maritz Street, Lichtenburg or reach us on 018 632 5520 / 018 632 5575.
