Buying a Car in 2015? Here’s Why Credit Unions Are Your Best Bet

Community banks fear them. Big banks think they can crush them. But over the years, the credit union has proved resilient. And unknown to most people, credit unions thrive by writing car loans. Credit unions have a storied history. They exploded in number and size during the so-called “Roaring Twenties” (1920s) by providing banking services […]

Community banks fear them. Big banks think they can crush them. But over the years, the credit union has proved resilient. And unknown to most people, credit unions thrive by writing car loans.

Credit unions have a storied history. They exploded in number and size during the so-called “Roaring Twenties” (1920s) by providing banking services to average Americans who weren’t yet accepted by commercial banks. Back then, credit unions played a vital role in helping people save and borrow. Commercial banks weren’t yet interested in opening savings accounts for, or lending money to, America’s growing middle class. Read more

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

Social Channels

Follow us on all major social media platforms.