What's a Credit Union?

A credit union is similar to a bank in that it also offers financial services and savings that are federally insured. However, there are a few key differences:


  • Credit unions are owned by their members, like a co-operative, while banks have customers, who don't own any shares in the financial institution.
  • Credit Unions are run by volunteers elected to the Board of Directors.
  • Credit Unions are not-for-profit. This means here at Kern FCU, we work to put the profits back in the pockets of our members — in the form of low rates on loans and special discounts.

Join today by opening a Share Savings account, and enjoy having ownership in your local credit union.