Even though there are over 250 credit unions in Canada, misconceptions about their structure and services still exist. In the video below, we will address four persistent credit myths:

Myth #1 - "Credit Unions are basically banks with fewer services"

Myth #2 - "It's harder to access your money when you bank at a credit union"

Myth #3 - "Credit union deposits are not insured"

Myth #4 - "It's too hard to switch to a credit union"