Why do so many people prefer to deal with credit unions rather than banks?

Many people prefer credit unions over banks due to their member-centric approach, which often results in lower fees, better interest rates, and personalized customer service. Credit unions are nonprofit organizations, meaning any profits are returned to members in the form of higher dividends and lower loan rates. Additionally, the community-focused nature of credit unions fosters a sense of trust and loyalty among members. This combination of financial benefits and personalized service makes credit unions an appealing choice for many consumers.