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Big Bank Customers: Make the switch to Northwest Resource
Big Bank Customers: make the switch to a local not-for-profit financial cooperative!
Our free Kasasa Cash checking pays you with massive interest and nationwide ATM fee refunds! Plus, you'll enjoy other money-saving conveniences:
See how much you can save if you bring your loans to Northwest Resource with our new Loan Saver calculator. And our Resource Rewards program rewards you for being an active member of our financial cooperative.
What are the differences between Credit Unions and Banks?
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Credit Unions |
Banks |
| Type of Organization |
Not-for-profit financial cooperative |
Generate profit for stockholders |
| Who Owns It |
Members |
Stockholders |
| Board of Directors |
Volunteer members (unpaid) |
Stockholders (paid) |
| Income Comes From |
Interest from loans, non-interest income |
Investments, fees, interest from loans |
| Income Goes To |
Members
(in for form of better rates and fewer fees) |
Stockholders |
| Who Can Join |
Anyone within a designated field of membership |
Anyone |
| Deposits Insured By |
NCUA
(National Credit Union Administration) |
FDIC
(Federal Deposit Insurance Corporation) |
| Access |
3,800 Shared Branches |
Only branches owned by the bank |
Open your account now!
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