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...
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$
Advantages: not for profit, members have ownership shares, usually more personal service, more inclined to be open and honest (not-for-profits often do what is "right" over what is most profitable),...