Page 7 - Michigan Credit Union League: 2018 CRI Report
P. 7
Credit Unions Provide a Level of Trust That Members Can Rely On 2018 Community Reinvestment Report
In Consumer Reports’ annual survey, the Bank & Credit Union Buying Guide, an overwhelming majority of their
49,000 subscribers prefer the services they get at credit unions over the services they receive from banks.
$358.9 MILLION
in Direct Benefits Provided to Members
Memberships grow year after year, in part, because of these benefits,
which are made possible through credit unions’ lower rates and fees*:
Credit Card Loans Personal Used Auto Loans
Loans
5.4% 1.2%
1.5%
lower lower lower
Mortgage Credit Card
Closing Costs Late Fees
$210 $10
lower lower†
*Averages sourced from CUNA Membership Benefits Report, Year-End 2017.
† per fee
6
