All over the country, community-based credit unions are helping Members weather economic difficulty caused by the COVID-10 pandemic, as CNBC recently explained in Why Millions of Americans are now Tapping Credit Unions for Loans. CNBC says “research shows that credit unions tend to lend more than commercial banks during times of crisis. That’s because their mission is to support Main Street, unions and the local communities they serve...by comparison, banks have tended to pull back or even reduce lending during crises."
That shouldn’t be surprising, because credit unions are not-for-profit entities that exist to help their Members. I encourage you to read the entire article at https://www.cnbc.com/2021/02/04/why-millions-of-americans-are-now-tapping-credit-unions-for-loans.html. And tell your friends about KeyPoint—we have a special offer for you and them!