Banks vs Credit Unions Comparison
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A credit union is different from a bank in that it is a cooperative financial institution. It is owned and controlled by its members to provide members a place to save and borrow money at affordable rates.
Banks are a little different in that they are owned by shareholders that have invested in the bank to make a profit on their investment.
When borrowing, lending or investing money, the interest rates and product features offered by the bank or credit union is the deciding factor in today's competitive market.
Our Tools section compares bank and credit union products such as home loans, personal loans, credit cards for those searching for the best deal available.
We also provide the same service for investors wishing to cash in on the best interest rate available for their savings.
You don't need to be an Aussie customer
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Get a low interest rate with the ANZ Low Rate MasterCard.
Calculate what is best for your financial situation with the Banks.com.au Online Calculators.
