Kansas credit unions, and all credit unions, are member-owned, not-for-profit financial cooperatives whose sole purpose is to meet the needs of their members. All credit unions live by the philosophy of "people helping people.” Did you know?
Credit unions differ from other financial institutions in that they are not out to make a profit. Any profit a credit union makes goes back to its members in the form of lower loan rates, higher interest on deposits, and lower fees.
Kansas credit unions are vital to each and every community they serve, and are dedicated to making their communities a great place to live. They support other businesses and organizations, provide a financial service to their neighbors and give back to other not-for-profits through fundraisers, charitable giving and community events.
Kansas credit unions have always recognized the importance of financial literacy—both for their members and in their communities. Their main priority is to serve their members and help them achieve financial success.
- Kansas credit unions provide more than $53 million annually in direct benefits to their members.
- Kansas credit union members can save $30,000 over their lifetime simply by using a credit union.
- Annual growth figures for assets, shares, and loans remain strong at Kansas credit unions, exceeding national trends.
- 88 percent of credit union members are satisfied with their financial institution's service (Prime Performance Bank & Credit Union Satisfaction Survey)
- Credit unions are ranked first in consumer satisfaction, significantly outpacing all other financial institutions, according to findings released by the American Customer Satisfaction Index (ACSI).
- Credit unions are 100 million membership strong, nationwide.