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Credit Unions vs. Banks - A Comparison

Banks and similar financial institutions are organized such that they are servicing two groups: their shareholders and their customers. These two groups are not necessarily the same. The banks' focus is on increasing the return to their shareholders. At times, this may not benefit their customers:

Chart: Bank Loyalty (Shareholders)

 

The Windsor Family Difference

Windsor Family serves one group, as our shareholder and our customers are the same group - "our members". Therefore, Windsor Family must respond to the needs of our members in order to continue to operate.

Chart: Credit Union Loyalty (Members)


Fixed 1st Mortgage Rates
6 Months
4.55%
1 Year
3.30%
2 Years
3.65%
3 Years
4.20%
4 Years
5.25%
5 Years
5.59%
7 Years
6.55%

Term Deposit Rates
1 Year
.90%
2 Years
1.30%
3 Years
1.60%
4 Years
1.70%
5 Years
2.10%