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Is the credit union a bank?

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Yes it's a bank. It's a member owned financial co-operative,democratically controlled by it's members. It's focus is on promoting thrift and offering competitive rates.They differ from traditional banks, they are community based and members of the credit union vote in the board of directors, where money is invested.

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yes

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Crystalix

Yes. It is a bank

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Technically it is a financial institution, but it serves the same purpose as a bank.

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Thank u cus my friend trying to tell me it's not a bank but it do serves the same purpose of a bank
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Yes, it is.

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yes

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JDolani has the most accurate answer.

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