A credit union is very similar to a bank, in that it offers many of the same financial services. But credit unions have one big difference from banks. "Credit unions are the non-profit version of ...

A credit union is a member-owned financial institution that operates similarly to a bank. Let's explain what they are and how to join.

CNBC Select explains what a credit union is, how it differs from a bank, how to become a member and the pros and cons of banking of opening an account. Credit unions What is a credit union?