Difference in federal credit union and credit union?

Credit unions typically give better interest rates on loans compared to most banks provided you have an open account with them that's in good standing. Just having an account with them won't make...

credit union (cooperative depository financial institutions whose members can obtain loans from their combined savings)

it's almost like a bank, a group of people deposit money and can get loans from that money in the future,basically a financial institution with benefit$

Credit unions do have distinct advantages over banks for their customers as they are not responsible to corporations or shareholders. Consumer's Credit Union recently achieved a 97% satisfaction rate...