Credit unions tend to offer better dividend rates on savings accounts-lower interest rates on loans and lower service fees. Credit unions look out for their members, whereas banks have the interest of their stockholders in mind. At your credit union you are an equal owner with every other member. International Credit Union Day.

Check out our Wallet Watch Podcast episode: Choosing a Financial Institution below to hear about what important factors you may want to consider before making a decision on joining a financial institution.