How to Get the Most Out of Your Credit Union Membership

Being a member means more than just having an account.

When you join a credit union, you’re not just opening a checking or savings account—you’re becoming a member of a cooperative that’s built to serve you. Whether you’re just starting out financially or looking to make the most of your long-term banking relationship, there are a number of often-overlooked benefits that come with being part of a credit union like ServU.

Here’s how to make sure you’re getting the most value from your membership:

1. Take Advantage of Member-Exclusive Rates

One of the biggest perks of credit union membership is access to lower loan rates and higher savings returns compared to traditional banks. Whether you’re buying your first car, refinancing a home, or just need a small personal loan, credit unions often offer competitive rates designed to help you succeed, not to generate profit for shareholders.

ServU Tip: Always check with your credit union before applying for a loan elsewhere. Even a small difference in rates can save you hundreds over time.

2. Use the Full Range of Account Options

Many credit union members are surprised to learn just how many account options they have access to—from checking accounts with no monthly fees to savings accounts, club accounts and share certificates with solid returns.

ServU Tip: If you’re saving for something specific—like a vacation, holiday, or emergency fund—open a club account and nickname it in your mobile app. It helps you stay focused and track progress visually. You can even set up recurring transfers on specific dates and times to help automate your savings!

4. Know What’s Free (Because a Lot of It Is)

As a not-for-profit institution, credit unions work hard to keep fees low. Many services that would incur charges elsewhere, like notary services, coin machines, or online bill pay, are free for members.

ServU Tip: Ask your local branch for a “What’s Free” rundown. You might be surprised by what’s already available to you at no cost.

5. Tap Into Financial Education & Support

Whether you’re trying to build credit, buy your first home, or just create a better budget, many credit unions offer access to educational resources, calculators, and even financial counselors.

ServU Tip: If you find that you need a little extra help building a budget or learning how to better manage your money, schedule a sit-down with one of our Financial Counselors. They can help you identify trends and ways to become more savvy with your money!

6. Stay Connected with Community Perks

Credit unions are deeply rooted in the communities they serve. That often means scholarship programs, youth accounts, special savings challenges, giveaways, or local sponsorships.

ServU Tip: Follow your credit union on social media or check the website regularly for updates. Member-exclusive promotions or contests can be easy ways to save money—or win it!

Your next best financial move might be waiting inside your credit union.

Need help exploring your options?Stop by a branch, give us a call, or explore our online resources to discover everything your membership unlocks.