Why a Credit Union?

We're a little different

Work with us and you'll see.

We’ve got the breadth and depth of financial products and services you’d find just about anywhere, but with a few key differences:

Governance. Royal Credit Union and our credit union peers are managed by a Member-elected board of directors.

Education and outreach. Credit unions like us provide financial counseling and educational seminars. At Royal Credit Union, we’ve invested in our youth by managing 28 School $ense branches where elementary through high school students have an opportunity to work in and see the credit union model up close.

Lower loan rates. Higher deposit rates. And lower fees. That’s the bottom line!

Our not-for-profit structure means we return the money we make to our Members in the form of the above. Credit union members nationwide save $9.3 billion a year by using a credit union instead of a bank. That’s crazy! This works out to be about $170 per household in annual savings for credit union members. (Credit Union National Association, 2016)

Royal Credit Union is a Cooperative.

Certified as a Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury. ​