Home > Credit Unions
The HCCUA is a not-for-profit association created with the goal of improving and protecting the physical and financial health of its members by providing access to beneficial resources. It is not a credit union, nor is it affiliated with one.
One of the main goals of the HCCUA is to educate all Americans about the significant opportunities for financial health that are offered by participation in a credit union.
Credit unions are cooperative, financial institutions owned and controlled by the same people who use their services. They are formed by groups of people with a common bond who decide they want to be in control of their financial future.
Founded on the basic democratic premise of the cooperative movement, credit union members believe that access to low-cost financial services is critical to the financial health and stability of ordinary citizens. Currently, more than 67 million Americans belong to a credit union and utilize their credit union services to protect and improve their financial well being.
Study after study has revealed that on average, credit unions provide the best financial offerings with fewer fees, lower rates on loans and higher rates on savings. One study estimated an average savings per year of $400 for each member on their banking services. For the last 16 years credit unions have also continually scored higher than all other financial institutions in consumer satisfaction surveys.
To learn more, click here. To find a credit union league in your state, click here.