Idaho’s credit unions look out for their members’ financial well-being – day in and day out. Consumers depend on credit unions for the car loans that get them where they need to go, for the keys to their family homes, for business loans that help them serve their neighbors, and for the equipment they need to keep farms running.
Structure
Credit unions are not-for-profit cooperatives, owned by, and operated for the benefit of the members they serve.
Value
Credit unions’ earnings are reinvested in member benefits. This can translate into tangible financial value, such as better interest rates or lower fees. When the members spend those benefits in the economy, everyone benefits.
Impact
Credit unions are essential to the economy. Tens of thousands of credit union jobs support other employment in the economy. And with their not-for-profit “DNA,” you’ll see their impact across our state as they provide financial education, support scholarships, partner with community organizations, and go above and beyond to provide services to underserved communities and people.
Learn More
Credit unions are essential in Idaho. Their impressive economic and community impact has been documented in an independent analysis performed by economists at ECONorthwest and in a community Impact survey by GoWest Credit Union Association.
Download ECONorthwest’s Executive Summary Download the Community Impact Report
