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Credit Union vs. Bank in Reno

Ownership
Credit unions are not-for-profit and member-owned; banks may be shareholder-owned.
Governance
A volunteer board elected by members governs credit unions.
Earnings
Earnings go back to members, often through loan rates, savings rates and fees. No price comparison is claimed.
Deposits
Deposits at federally insured credit unions are insured by the NCUA, generally up to $250,000 per depositor per ownership category.
Local decisions
UFCU keeps many loans in its own portfolio so it can make local decisions.
Membership
UFCU membership is required.
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Roberto Castillo, Mortgage Advisor, NMLS #1020455 · United Federal Credit Union, NMLS #471962 · Equal Housing Opportunity. All loans subject to credit approval. Terms, eligibility and programs subject to change. Information is educational and not a commitment to lend. Membership required.

Roberto · 775-848-6544

Janis · Mortgage Lending Assistance · 626-825-1309 — documents, scheduling and application questions.

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