First Credit Union: First in Arizona - First in Service

Locations & ATMs
About FCU

Do You CU?

First Credit Union

Share |

Do You CU?

Ever wonder what’s the difference between a credit union and a bank? It's a great question! Basically, credit unions offer most of the same products and services as banks such as checking accounts, auto loans, and mobile banking, but there are some important differences.

  • Credit unions are owned by their members and virtually anyone is eligible to become a member. When you open an account you become a member of the credit union and you become an owner of the credit union too.
  • Credit unions are financial cooperatives. Credit unions share their resources with other credit unions including branch locations and ATMs. In fact, the ATM network shared among credit unions across the country, the CO-OP ATM Network, has more ATM locations than any bank in the U.S.
  • Credit unions are not-for-profit. Because credit unions exist to serve their members rather than profit from them, they tend to offer consumers lower loan rates and higher deposit rates.

All of these differences, plus many more, make credit unions a great alternative to banks whether you’re looking for a checking account or just about any kind of consumer loan. By the way, First Credit Union, was in fact, the first credit union established in Arizona. We've been offering better banking since 1929.

Become a Member today