The Top 3 Benefits Of Using A Credit Union

There are plenty of published articles claiming banks are better than credit unions, however, there are plenty of advantages offered by credit unions.

The benefits offered by credit unions over banks are often overlooked, which is why we’ve laid out the top 3 perks of joining your local credit union:

The Majority Of Credit Unions Are Insured By the NCUA

What is the NCUA you ask? It’s short for the National Credit Union Administration, ensuring that credit union accounts are backed in full faith by the U.S. Government. To top it off, there has yet to be a single cent lost through a member of a federally insured credit union.

If you were wondering, First Choice Credit Union is NCUA insured.

Great Rates

All around, credit unions offer excellent rates, especially when compared to their big bank counterparts. Whether it’s credit card APR, Certificate of Deposit APY, Membership fees, and other miscellaneous items - banks are typically no match for the interest rates offered by most credit unions.

For The Members, By The Members

At a credit union, you’re considered a member rather than a customer at a bank. While labeling things may not seem important, the weight they carry is different. Credit unions are nonprofit entities that have the goal of passing their profits to members, while banks are for-profit entities, wanting to make money from their customers.


Other fantastic benefits such as great customer services and being a larger part of your community. We hope that these outlined advantages help you consider switching to your local credit union – that is, if you’re not already a member!

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Keep Track of Your Finances with Mobile Banking

Mobile banking is more popular than ever. It’s a convenient way to keep track of your finances from almost anywhere! Wherever you have access to the web, you will have easy access to your accounts.

Learn how to use First Choice Credit Union’s mobile banking app and some safety and performance tips below:

Download the First Choice Credit Union

If you don’t already have our app, download it today! It’s available for both iOS and Android devices. Search for First Choice Credit Union in the Apple or Google Play store - depending on your device. Safety tip - Ensure the app has the First Choice star.

Log Into Your Account Through the App

Enter your online banking credentials to access the app. Secure your mobile device with a strong password or pin. Keep it extra secure by using a password management program. Some even sync passwords from your laptop or desktop to your phone!

The Features of Mobile Banking

After securely logging in, you will have access to several features. View your account balance anytime you want. Easily pay bills and transfer funds whenever needed from the mobile app. Check and verify your transaction history. Safety tip: Only log into your mobile app while on your data network or a secured WiFi network.

Always Log Out of the App

After you’ve completed your mobile banking, remember to log out. Although it may be easier to stay logged into the mobile app, it is not recommended. This simple step will keep your banking information protected if your phone is ever stolen or lost.


Now you know how easy it is to use the First Choice Credit Union app for mobile banking. Following these tips – including the safety tips – will help you stay in the know at all times with your financial accounts.

If you have any further questions on mobile banking, contact us today.