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Unlike banks, credit unions are actually owned by their members, all profits generated are a mutual benefit to the general welfare of the member. Credit unions encourage thrift, savings and good credit practices to enrich the lives of their members. We are not for profit organizations.
Banks, on the other hand, are for-profit owned by stockholders and they conduct business to increase the price of their stock and profit for the bank.
Credit unions are run locally, so the earnings remain in the Bahamas. Most banks have foreign ownership so the money is sent out of the country.
Credit unions are run locally, so the earnings remain in the Bahamas. Most banks have foreign ownership so the money is sent out of the country.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam,…
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam,…
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam,…
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