Credit Union vs Bank

Postal Credit Union is a financial cooperative. How is that different from a bank?

Credit union's are much like banks on the surface. Postal Credit Union offers similar financial products and services including Savings, Checking, Loans, Online Services, Mortgages, Investments, and financial solutions for small businesses. How Postal Credit Union operates and bring member-value is very different from its bank counterparts, here’s why:

You (the members) actually own Postal Credit Union and get a vote

What makes Postal Credit Union unique is the members are also the owners. In addition to getting the products and services you need, you also have a say in some of the business decisions Postal Credit Union makes.

Postal Credit Union does NOT have shareholders

Postal Credit Union exists to provide affordable financial services to our members. Our business model is to return profits back to members in the form of better rates, lower fees, new product development and sometimes even dividends (READ: Cash back to you through the Member VIP Program) Banks have shareholders and they strive to make profits to award their shareholders at the end of each fiscal year.

Postal Credit Union is a strong community supporter and cares about financial literacy

Co-ops are dedicated to serving members and we adhere to a set of seven principles that help guide our business strategy. As a result, many co-ops like PCU are committed to social responsibility and improving the quality of life in our surrounding communities. The PCU Community Foundation was able to donate $1,000s back into our local communities in 2012 to improve the quality of life and support financial education. Also, PCU is a strong advocate for financial literacy.

See PCU in action at Tartan High School in Oakdale, MN

Cool, can I be a member?

Yes please! PCU welcomes everyone in the Twin Cities to open an account and enjoy the benefits of being a member at Postal Credit Union. You do NOT need an affiliation with the Post Office to open an account. If you get, mail you qualify :)

Already a member? Then we’re just preaching to the choir.

Spread the good word to a friend and you’ll both take a home a free gift when they open a new account.

Thank you for your continued support of our financial Cooperative.
If there is something we can do to serve you better, let us know!