Whereas banks exist for the profit of outside stockholders, credit unions are not-for-profit, member-owned financial institutions offering low rates and valuable financial services to their members. Credit union members come together from a common bond (employment, residence, or house of worship) and pool their resources to provide low-interest loans to other members. Operating income is returned to members in the form of higher dividends for monies on deposit and lower interest rates on loans. A credit union is dedicated to serving its members’ financial needs in a low-cost, efficient manner. Because each member is an owner, regardless of how much he/she has on deposit, they have an equal vote in director elections. Credit unions are democracy in action. This means our members directly benefit from participating in their credit union.