Space Coast Credit Union

It's time to decide which is best: Credit Unions vs. Banks. This is a critical decision that impacts your borrowing power and future borrowing possibilities for yourself and your family. Both kinds of institutions offer strong financial services to their members. Banks only have few eligibility requirements and often more specialized product offerings, although they usually charge higher fees and often have fewer product choices.

Credit unions are much more selective in its members, often having a union membership for several hundred members or more; and even then, there are regional distinctions among local branches. In addition, credit unions tend to be more customer-oriented than are traditional lending companies. This is important if you need to borrow money quickly.