Unlike banks, which are owned by shareholders, The People’s Federal Credit Union is a not-for-profit cooperative owned by its members. When you become a member of TPFCU, you actually own shares of the credit union. When TPFCU makes a profit, that money goes back to the members in the form of lower loan rates and higher dividend rates than banks can offer. While banks work to make a profit for their shareholders, TPFCU’s primary focus is our owners/members.
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