When people think about opening a new checking or savings account, they often instinctively look for a bank. But for many individuals and small businesses, it’s worth considering a credit union. Unlike banks, which are for-profit institutions owned by shareholders, credit unions are not-for-profit financial cooperatives that are owned and run by their community members. At credit unions, “you will typically find that fees are lower and interest rates are better, both on savings and loans, so that