![]() ![]() There is a “common bond” for Consumers Credit Union, called the Consumers Cooperative Association, which anyone can join by filling out an application and paying a one-time membership fee. While their dedicated branches are limited to the Chicago area, they have over 1,800 partner branches, and their ATM locations are available nationwide. They have over 30,000 ATMs across the country and over 5,000 branch locations. What makes Consumers Credit Union distinctive is that anyone can join regardless of where you live, work, or what affiliations you have. We will look at these a little bit later. Like all other things, credit unions also have their pros and cons. You can find the same products and services at a credit union as you would in a bank with many of the same features. Well, the main difference is that a bank is there to ultimately make a profit while a credit union is a not-for-profit organization. You might be asking yourself what’s the difference between a bank and a credit union. CCU has been around since 1930 and has since accumulated more than $1.2 billion in assets. Headquartered in Gurnee, Illinois, Consumers Credit Union is a credit union with a unique national presence when compared to other credit unions. In This Article About Consumers Credit Union You may consider Consumers Credit Union if you want to earn competitive rates on checking, savings, and certificates, or if you would like to take care of all your banking needs in a single place.Ĭheck out our review of Consumers Credit Union to find out if they are the credit union for you. Luckily, there is one credit union that is able to cater to everyone.Ĭonsumers Credit Union is a groundbreaking credit union that offers membership to nearly everyone and offers amazing perks, such as high-yield APY on checking accounts. However, they are often limited to specific geographic locations or other factors. Credit unions are often able to offer more competitive rates and banking products than typical banking establishments. When it comes to managing money, some people prefer traditional banks, while others prefer credit unions. ![]()
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