Membership FAQ

The More You Know

Not everyone understands what makes a credit union different than a bank, and that’s okay because we’re here to help! Credit unions provide many of the same accounts and services as other financial institutions, but the big difference is credit unions are not-for-profit financial cooperatives. Our earnings are returned to our members in the form of higher yield on savings and investment accounts, lower interest rates on loans, low fee money management services, and outstanding everyday service. Oh, and did we mention we are member-owned? That’s right! If you join the credit union, then you own a share of it and are even given a say at the annual meeting. Below are some facts about credit unions and how they operate. Enjoy!

What is a credit union?
What makes credit unions different from other financial institutions?
Who can join a credit union?
Who governs a credit union?
Are your savings insured?

You are now leaving Choice One

Choice One Community Credit Union provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Choice One Community Credit Union, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL