Credit union memberships have risen in recent years due to their nonprofit structure and focus on customer service. As non-profits, credit unions treat deposits as investments and distribute profits to members as dividends. They create a member-centric culture and prioritize customer service to provide positive experiences. This helps credit unions offer members low interest rates on loans with flexible repayment terms, making members feel a sense of ownership rather than just being customers.

1. The Rise Of
Credit Unions
Credit Union memberships have witnessed a
constant rise in the past few years.
The reasons contributing to the rise of credit unions are:
They are non-profit financial institutions which treat
deposits as investments & distribute the profits
among their members in the form of dividends.
Credit unions create a member centric culture and
focus on customer service to ensure positive
customer experience.
Credit unions put their members first and offer
them loans at low interest rates along with flexible
repayment options.
Credit unions provide members a sense of
ownership. This makes them feel a part of the
institution and not just a customer.
www.gctfcu.net
3305 E. Elms Rd.,
Killeen, TX 76542
Phone: (254) 690 - 2274
Greater Central Texas Federal Credit Union