Merrimack Valley CU
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Home / What are some advantages of being a member of a credit union?

What are some advantages of being a member of a credit union?

As a member, you not only have access to our complete suite of products and services, you’re part-owner as well. We pass any "profits" we make directly back to members. Because there are no shareholders to keep happy, we are able to offer better rates and lower fees. Typically, we offer higher rates on savings and certificates—and much lower rates on loans. You can save hundreds or even thousands over the life of the loan. That’s because all profits come back to the members—not shareholders.

You'll also enjoy member rewards, discounts on services, branch giveaways and more. And your savings are fully insured by the NCUA and MSIC so your money is safe and secure.

Some notable benefits our members receive are:

Not a member yet?

Joining is easy! You can open an account with as little as $5. First determine whether you’re eligible for membership and then open your account today!

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