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Credit Unions are nonprofits and their investment focus is on its members.  Investors do not own credit unions.  Investors can not invest in credit unions. Only those with accounts with the credit union are its members.  Credit unions make investments on behalf of its members and therefore are usually conservative in their selection of investments.

Nonprofits and their employees if they do not have a relationship with their local credit union just may want to look into what theirs can offer.

Building a relationship of Trust and understanding the banking institution is a lot easier with a credit union.

This entry was posted on Monday, June 15th, 2009 at 12:01 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.