A Credit Union is a not for profit cooperative organized to provide financial services to its members. While a Credit Union may seem similar to a bank when comparing the product and service offerings, it is not all the same. A bank is owned by its stockholders and these stockholders run the organization so that the bank returns the largest amount of profit back to these stockholders. A Credit Union differs in that the owners (or stockholders) of a Credit Union are its members. So by joining a Credit Union you become an owner of the financial institution you do business with.